Amendment status not verified — confirm the current text below against the official source.
Inserted by Act 20 of 2005 w.e.f. 30.06.1986. (2) All properties aforesaid, which have vested in the Government under section 4 shall, by virtue of such vesting, be freed and discharged from any trust, obligation, mortgage, lease, charge, lien and all other encumbrance affecting them and any attachment, injunction or decree or order of any court restricting the use of such property, in any manner shall be deemed to have been withdrawn. (3) Every mortgagee of any property 1[and every owner of land having interest in, or in relation to the property]1 which has vested under this Act in the Government and every person holding any charge, lease, lien or other interest in, or in relation to , any such property shall give, within such time and in such manner as may be prescribed, an intimation to the Commissioner of such mortgage, lease, charge, lien or other interest.