 |
 |
 |
 |
|
 |
 |
possession or acquisition of any of the
following property (including an
interest in or right over property), that
is to say -
(i) enemy property;
(ii) property of a deceased person, a
person of unsound mind or a
person who has not attained the
age of eighteen years, for the
purpose of its administration for
the benefit of the persons entitled
to the beneficial interest therein;
(iii) property of a person adjudged
bankrupt or a body corporate in
liquidation, for the purpose of its
administration for the benefit of
the creditors of the bankrupt or
body corporate and, subject
thereto, for the benefit of other
persons entitled to the beneficial
interest in the property; or
(iv) property subject to a trust, for the
purpose of vesting the property in
persons appointed as trustees
under the instrument creating the
trust or by a court or, by order of
a court, for the purpose of giving
effect to the trust.
(7) Nothing contained in or done under the
authority of any law enacted by Parliament shall be held to be
inconsistent with or in contravention of this section to the
extent that the law in question makes provision for the
compulsory taking of possession of any property, or the
compulsory acquisition of any interest in or right over property,
29
 |