Property Vested in the Custodian of Enemy Property for India Under the Defence of India Rules, 1962 to Continue to Vest in Custodian
1[(1)] Notwithstanding the expiration of the Defence of India Act, 1962 and the Defence of India Rules, 1962 (51 of 1962), all enemy property vested before such expiration in the Custodian of Enemy Property for India appointed under the said Rules and continuing to vest in him immediately before the commencement of this Act, as from such commencement, vest in the Custodian.
2[(2) Notwithstanding the expiration of the Defence of India Act, 1971 (42 of 1971) and the Defence of India Rules, 1971, all enemy property vested before such expiration in the Custodian of Enemy Property for India appointed under the said Rules and continuing to vest in him immediately before the commencement of the Enemy Property (Amendment) Act, 1977 shall, as from such commencement, vest in the custodian.]
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1. Section 5 renumbered as sub-section (1) by the Enemy Property (Amendment) Act, 1977, w.e.f. 27-09-1977.
2. Inserted by the Enemy Property (Amendment) Act, 1977, w.e.f. 27-09-1977.