Expropriated Properties Act

EXPROPRIATED PROPERTIES ACT. ARRANGEMENT OF SECTIONS. Section 1. Interpretation. 2. Revesting of properties in the Government, etc. 3. Power to transfer property or business. 4. Application for repossession. 5. Property in which the Government wishes to participate. 6. Property in which the Government does not wish to participate. 7. Transfer of title. 8. Restriction on sale, etc. 9. Failure to claim, etc. 10. Present tenants. 11. Proceeds of sale, etc. 12. Compensation and settlements. 13. Valuation of properties. 14. Legal proceedings. 15. Appeal. 16. Regulations. 17. Applicability of section 1 to Assets of Departed Asians Act. CHAPTER 87 EXPROPRIATED PROPERTIES ACT. Commencement : 21 February, 1983. An Act to provide for the transfer of the properties and businesses acquired or otherwise expropriated during the military regime to the Ministry of Finance, to provide for the return to former owners or disposal of the property by the Government and to provide for other matters connected therewith or incidental thereto. 1. Interpretation.

er owners or disposal of the property by the Government and to provide for other matters connected therewith or incidental thereto. 1. Interpretation.

In this Act, unless the context otherwise requires— ( a ) "board" means the Departed Asians' Property Custodian Board established by section 4 of the Assets of Departed Asians Act; ( b ) "departed Asians" means any Asian who left Uganda on or after the 9th"> day of August, 1972, in such manner as necessitated the taking over in the public interest of any property or business he or she left in Uganda; ( c ) "former owner" means and includes any person who was either the registered owner or proprietor of any real or movable property in Uganda or was a shareholder in a business or enterprise registered in Uganda and who was either expelled or forced to flee from Uganda during the period of the military regime or was in any other way dispossessed of the property or business; and anybody who is the legal heir or successor of that person; ( d ) "joint venture company" means a company in which the Government and a former owner invest and participate together; ( e ) "military regime" means the Government in power during the period from the 25th"> January, 1971, to the 3rd"> June, 1979; ( f ) "Minister" means the Minister responsible for finance; ( g ) "property or business" means movable and immovable property and includes stocks, shares, assets and liabilities of whatever description; ( h ) "scheduled article" has the same meaning as in the Industrial Licensing Act.

des stocks, shares, assets and liabilities of whatever description; ( h ) "scheduled article" has the same meaning as in the Industrial Licensing Act.

2. Revesting of properties in the Government, etc. (1) Any property or business which was— ( a ) vested in the Government and transferred to the Departed Asians Property Custodian Board under the Assets of Departed Asians Act; ( b ) acquired by the Government under the Properties and Businesses (Acquisition) Decree, 1973; ( c ) in any other way appropriated or taken over by the military regime except property which had been affected by the provisions of the repealed National Trust Decree, 1971, shall, from the commencement of this Act, remain vested in the Government and be mana This section of the article is only available for our subscribers. Please click here to subscribe to a subscription plan to view this part of the article. Home | About Us |--> Terms & Conditions | Privacy Statement | Publishing Services | Contact Us Sitemap --> --> Copyright 2019. Blackhall Publishing. All Rights Reserved. Design and Developed By : Indiafin Technologies Ltd .