Section 13A
Issue of shares, etc.
of People’s Association Act 1960
ActIn forceProvision 15 of 18
Section 13A
As a consequence of the vesting of any property, rights or liabilities of the Government in the Association under this Act, or of any capital injection or other investment by the Government in the Association in accordance with any written law, the Association must issue such shares or other securities to the Minister for Finance as that Minister may direct.