827. Transfer of ownership by statute.

Ownership of goods is capable of being acquired, regardless of the consent of the previous owner, by force of a statute. Examples of a transfer of ownership resulting directly from a statute occur:

  1.  

    (1)     where an enactment nationalises a whole industry1 or relates to the privatisation of a nationalised industry2 or the reorganisation of a nationalised service3;

  2.  

    (2)     where a bankrupt's goods are transferred to a trustee in bankruptcy4; and

  3.  

    (3)     under the control of pollution legislation5.

More often, however, the transfer takes effect only after the making of an order by the court acting under some statutory provision, as,