Singapore legislation

Clause 6

of Singapore Telephone Board (Amendment) Bill

Clause 6

Amendment of section 22

Subsection (2) of section 22 of the Ordinance is hereby amended by deleting paragraph (b) thereof and substituting therefor the following: —“(b)to the payment of such interest on shares and stock issued by the Board as the state of the undertakings and the financial position of the Board appear, in the opinion of the Board, to warrant.”.

Read in full context — Singapore Telephone Board (Amendment) Bill →