State Property Act, 1954

Vesting of certain personal property belonging to the State in the Minister.

29.—(1) In this section “personal property” does not include chattels real, but includes choses-in-action.

(2) On the operative date all personal property which became, before the operative date, the property of the State as bona vacantia or by virtue of section 28 shall, by virtue of this subsection, stand vested in the Minister.

(3) Where any personal property becomes on or after the operative date the property of the State as bona vacantia or by virtue of section 28, such personal property shall, upon so becoming the property of the State, vest in the Minister.