Section 24
Issue of shares, etc.
of Singapore Examinations and Assessment Board Act 2003
ActIn forceProvision 24 of 45
Section 24
As a consequence of —
(a)
the vesting of any property, rights or liabilities of the Government in the Board under this Act; or
(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 direct.