Power of Government to direct vesting of cashew factory in the Corporation

(1) Notwithstanding anything contained in section 3, the Government may, by order in writing:— (a) direct that a cashew factory vested in them under this Act shall, instead of continuing to vest in the Government, vest in the Corporation with effect from such date (not being a date earlier than the appointed day) as may be specified in the order; or (b) entrust a cashew factory vested in them under this Act to the Federation or to a workers'-co-operative society, or to any other person or institution approved by the Government in this behalf for management for such period and on such terms and conditions, as may be specified in the order. (2) Where a cashew factory vests in the Corporation under sub-section (1), all the rights, liabilities and obligations of the Government in relation to such factory shall, on and from the date of such vesting, be deemed to have become the rights, liabilities and obligations respectively of the Corporation.