Singapore legislation

Section 15

of National Parks Board Act 1996

Section 15

Issue of shares, etc.

As a consequence of the vesting of any property, rights or liabilities of the Government in the Board under this Act, or of any capital injection or other investment by the Government in the Board in accordance with any written law, the Board must issue such shares or other securities to the Minister for Finance as that Minister may direct.[15A

Read in full context — National Parks Board Act 1996 →