Section 49
Issue of shares, etc.
of Skills Future Singapore Agency Act 2016
ActIn forceProvision 49 of 70
Section 49
As a consequence of —
(a)
the vesting of any property, rights or liabilities in the Agency under this Act; or
(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 Minister for Finance as that Minister may direct.