In forceUpdated to 1 Jul 2026Current version · Updated to 1 Jul 2026See versions on Singapore Statutes Online(opens the publisher’s site)
Skills and Workforce Development Agency Act 2026 · Updated to 1 Jul 2026 · Part 6 · Financial Provisions
41. Issue of shares, etc.
Feedback & supportAs a consequence of —
(a)
the vesting of any property, rights or liabilities in the Agency under this Act; or
Agency
Defined · s 2
“Agency” means the Skills and Workforce Development Agency established by section 3;
(b)
any capital injection or other investment by the Government in the Agency in accordance with any other written law,the Agency must issue such shares or other securities to the Finance Minister as the Finance Minister may direct.
Finance Minister
Defined · s 2
“Finance Minister” means the Minister charged with the responsibility for finance;