Singapore legislation

Section 49

of Skills Future Singapore Agency Act 2016

Section 49

Issue of shares, etc.

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.

Read in full context — Skills Future Singapore Agency Act 2016 →