Section 18
Issue of shares, etc.
of Building and Construction Authority Act 1999
ActIn forceProvision 18 of 56
Section 18
As a consequence of —
(a)
the vesting of any property, rights or liabilities of the Government in the Authority under this Act; or
(b)
any capital injection or other investment by the Government in the Authority in accordance with any written law,the Authority must issue such shares or other securities to the Minister for Finance as that Minister may from time to time direct.[19A