Singapore legislation

Section 23

of Standards, Productivity and Innovation Board Act

Section 23

Issue of shares, etc.

Amended by5/2002

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 shall issue such shares or other securities to the Minister for Finance as that Minister may from time to time direct.[22A

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