Singapore legislation

Clause 24

of Singapore Examinations and Assessment Board Bill

Clause 24

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

Read in full context — Singapore Examinations and Assessment Board Bill →