Page:British and Foreign State Papers, vol. 155 (1958).djvu/693

Rh in amount the usual emoluments of the managers of undertakings of similar importance.

3. Decisions concerning the existence and extent of claims filed on the basis of the present Clause lie with the appropriate departmental Minister, whose decision is final. Such decision is an official document serving as a warrant of distraint (sub-paragraph (b) of Clause 1 of Act No. 40 of 1881).

In the event of a dispute arising respecting the nationalisation of an undertaking, or of individual assets, or of any question connected therewith, the solution rests with the appropriate departmental Minister, whose decision is final.

1. At the request of the appropriate departmental Minister, the Registrar of Firms shall note in the register of firms that the undertakings in question have been nationalised under the present Decree.

2. At the request of the appropriate departmental Minister, the land registration authorities shall register the right of ownership of the real estate designated by him in the name of the nationalised undertaking. Where the material rights of third parties, being encumbrances on such real estate of the kind, serve to ensure a claim against the nationalised undertaking which, under Clause 8 above, has lapsed or is not enforceable, these rights shall, by request of the Minister, be cancelled by the land registration authorities.

3. The transfer into State possession of industrial property rights coming under Clause 7 above shall, by request of the appropriate departmental Minister, be noted in the records book by the authority keeping the records book (files) relating to the industrial property concerned.

1. Nationalisation effected on the basis of the present Decree will be carried out against compensation. A special legal statute will provide for the compensation.

2. To former owners of nationalised undertakings whose income for subsistence was solely derived from the undertakings concerned, the appropriate departmental Minister may, within one month from the coming into force of the present DeceeDecree [sic], permit the remittance of an advance on the compensation to (155)