Section 3. The properties relatable to Auroville which are currently owned by Sri Aurobindo Society and other t

3. The properties relatable to Auroville which are currently owned by Sri Aurobindo Society and other trusts and bodies founded by the Residents of Auroville will vest in the new body corporate. The management of all properties and assets relatable to Auroville is presently with the Administrator of Auroville appointed under the Auroville (Emergency Provisions) Act, 1980. These Assets were created by Sri Aurobindo Society and other bodies substantially with the aid of donations received from different organizations and individuals in and outside India (including the Central and State Governments) for purposes and activities of Auroville which under the proposed Legislation will become the responsibility of the Foundation. The Government, therefore, proposes to acquire these assets without payment of any compensation and vest these in the proposed Auroville Foundation whose primary objective shall be to encourage and promote ideals and Mother which are cherished in equal degree by the Sri Aurobindo Society and the Residents of Auroville.