1[16B. Presumption regarding property.--When any proceeding taken under this Act, or in
consequence of anything done under this Act, a question arises as to whether any petroleum product is the
property of the corporation, the Court shall presume, unless the contrary is shown, that such petroleum
product belongs to the corporation.
1. Subs. by Act 9 of 2012, s. 2, for sections 15 and 16 (w.e.f. 3-2-1977).