Section 4
Sec. 4. Any vessel, shipyard, drydock, ship-building or ship-repairing plant or facilities, or interest therein, sold,mortgaged, leased, chartered, delivered or transferred, or agreed to be sold,mortgaged, leased, chartered, delivered or transferred, in violation of any of the provisions of section two of this Act, and any stocks, bonds, or other securities, sold and transferred, or agreed to be sold or transferred in violation of any such provisions, or any vessels departing in violation of the provisions of subsection ( e) of the aforesaid section shall be forfeited to the Government of the Philippines.