If no claim is preferred within the period specified in subsection (1) of section 15, the Competent Authority shall pass an order forfeiting the articles, other than those dealt with under the sub-section (2) of the said section, to the Government, and the articles shall thereupon be sold in public auction in such manner as prescribed, and the sale proceeds credited to the Government treasury.
Section 16: Forfeiture of articles
The Goa Escheats, Forfeiture and Bona Vacantia Act, 2024State Act of Goa · Act 21 of 2024
Where this provision sits
| Act | The Goa Escheats, Forfeiture and Bona Vacantia Act, 2024 |
|---|---|
| Section | 16 |
| Marginal note | Forfeiture of articles |
| Jurisdiction | State of Goa |
| Status | In force as published by the source |
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