Clause 4
Amendment of section 27A
of Jurong Town Corporation (Amendment) Bill
BillNot in forceProvision 4 of 4
Clause 4
Section 27A of the principal Act is amended by inserting, immediately after subsection (3), the following subsection:“(4) The Corporation may, with the written approval of the Minister, grant loans to any company in which the Corporation holds any shares.”.