4.
| (1) Where the Minister, considers it desirable to do so, the Minister may, by Order published in the Gazette (in this Act referred to as a " Vesting Order"), declare that, with effect from such date as shall be specified in the Order (not being a date earlier than fourteen days after the date of such publication), all property of the description specified in the Order, being property liable to vesting, shall vest in the Crown. |
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| (2) A Vesting Order shall take effect notwithstanding that any arbitration proceedings under this Act, or proceedings before any court in pursuance or supposed pursuance of any other law, are pending in respect of any property specified in that Order. |
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| (3) A Vesting Order may be made under subsection (1) in respect of any property notwithstanding that no notice has been published under section 3 in relation to that property. |
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Sri Lanka Consolidated Acts