Singapore legislation

Section 15

of Public Transport Council Act 1987

Section 15

Issue of shares, etc.

Amended by31/2015

As a consequence of —

(a)

the vesting of any property, rights or liabilities of the Government in the Council under this Act; or

(b)

any capital injection or other investment by the Government in the Council in accordance with any written law,the Council must issue such shares or other securities to the Minister for Finance as that Minister may direct.[10A

Read in full context — Public Transport Council Act 1987 →