In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Housing and Development Act 1959 · 2020 Revised Edition · Part 5 · Financial Provisions
96. Issue of shares, etc.
Feedback & supportAs a consequence of the vesting of —
(a)
any property, rights or liabilities of the Government in the Board under this Act; or
Board
Defined · s 2
“Board” means the Housing and Development Board established under section 3;
(b)
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 from time to time direct.[66A