5. Property and assets.—For the avoidance of doubt, it is hereby declared that all property and assets within Pondicherry which, immediately before the appointed day, vested in the Government of the French Republic shall, save as otherwise expressly provided in the Treaty of Cession, vest in the Union.
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Officers and functionaries in relation to Pondicherry.Section 4 · Continuance of existing laws and their-adaptation.Section 6 · Rights and obligations.Section 7 · Continuance of existing taxes.Section 8 · Power to extend enactments to Pondicherry.Section 9 · Extension of the jurisdiction of Madras High Court to Pondicherry.India Code, Government of India. Text fetched 11 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.