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State Property Act, 1954
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PART III.

Rights and Prerogatives belonging to the people in relation to property, escheat and bona vacantia.

Exercise of rights and prerogatives belonging to the People.

27.—Every right and every prerogative which, by virtue of Article 49 of the Constitution, belong to the People and relate to any property (including choses-in-action) shall be exercised by the Government through and by the Minister.