Chapter II

Acquisition and Transfer of Mokameh Unit and Undertakings of Arthur Butler and Company

3. Vesting in the Central Government of Mokameh unit and undertakings of Arthur Butler and Company.-

On the appointed day,-

(i) the Mokameh unit and the right, title and interest of Britannia Engineering Company in relation to the Mokameh unit; and

(ii) the undertakings owned by Arthur Butler and Company and the right, title and interest of Arthur Butler and Company in relation to the said undertakings,

shall, by virtue of this Act, stand transferred to, and shall vest in, the Central Government.