This Act makes provision for return of properties expropriated by the Government to their former owners and related matters. Any property or business which was vested in the Government or appropriated or otherwise acquired by the Government under specified legislation remain vested in the Government and be managed by the Ministry responsible for finance. Notwithstanding the provisions of any written law governing the conferring of title to land, property or business and the passing or transfer of that title, any purchases, transfers and grants of, or any dealings of whatever kind in, such property or business are nullified and leases shall continue until the property has been dealt with in accordance with this Act, and for such further period as the Minister may by Regulations made under this Act prescribe. The Minister may transfer property or business upon application of former owners and subject to provisions of this Act.
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