FORFEITURE OF ASSETS (VOTENISKI NIGERIA LIMITED) ACT

(1) The assets of the company known as Voteniski Nigeria Limited are hereby forfeited to the Government of the Benue-Plateau State and shall, as from the commencement of this Act, vest in the Governor of the State free of all encumbrances without any further assurance apart from this Act.
(2) Accordingly, all property (whether movable or immovable) held by the company or held on behalf of the company by any member, director or other officer of the company or by any other person shall on the commencement of this Act vest as aforesaid.

(1) Any person who holds any of the properties referred to in subsection (2) of section 1 of this Act shall within 14 days of the making of this Act or where the property comes to his possession after the making of this Act, within 14 days after the property comes into his possession, deliver such property to the designated officer or notify him in writing of the place where the property may be recovered and, in the later case, shall take all other steps as the designated officer may require in the recovery of such property.
(2) In this section and in section 3 of this Act," the designated officer" means the Secretary to the Government of Benue State or the Secretary to the Government of Plateau State.

(1) Where any property to which this Act relates is immovable property or is a registrable negotiable security, the appropriate registration authority shall on the production of this Act to it by the designated officer or any person acting on his behalf remove from the relevant register the name of the person registered therein as owner and register the property without payment of any fee in the name of either the Governor of Benue State or of Plateau State.
(2) For the purposes of this section, the appropriate registration authority includes a registrar of titles or of land and the person by whatever title known charged with the duty of registration of particular negotiable securities.

Any person who intended compliance with this Act deals with any of the properties affected by this Act or who rectifies any register or other records relating to any such property shall stand indemnified in respect thereof and no suit or other proceedings shall lie at the instance of any person aggrieved for anything done in respect of such compliance or rectification.

(1) Any person who intentionally and unlawfully removes, disturbs or interferes in any manner with any assets forfeited under the provisions of this Act or who commits nuisance or trespass in or upon the same shall be guilty of an offence and shall be liable on conviction to imprisonment for a term of two years without an option of fine.
(2) Any person who contravenes or fails to comply with any of the provisions of section 2 or 3 of this Act shall be guilty of an offence and shall be liable on conviction to fine of N2,000 or to imprisonment for a term of two years.

The question whether any provision of Chapter IV of the Constitution of the Federal Republic of Nigeria has been, is being or would be contravened by anything done or proposed to be done in pursuance of this Act shall not be enquired into in any court of law, and accordingly, sections 40, 42 and 220(2)(d) of the Constitution shall not apply in relation to any such question.

This Act may be cited as the Forfeiture of Assets (Voteniski Nigeria Limited) Act.