Cap. 259 Art. 3Dissolution of emphyteusis and reversion of emphyteutical land.

The emphyteusis shall, by virtue of this Act and without further assurance, be dissolved with effect from 1st September,

1973, in consequence of defaults of the Company and any other event occurring before the date aforesaid entitling the Government, as the direct owner, to dissolve the emphyteusis, and all lands and buildings and other immovables comprised in the emphyteusis shall, likewise and with effect from the said date, revert to the Government, as the direct owner, free from any privilege, hypothec, lease, encumbrance and any other burden whatsoever.