Section 1: Forfeiture of and vesting of assets.

(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.