Clause 49
Issue of shares, etc.
of Skills Future Singapore Agency Bill
BillNot in forceProvision 49 of 78
Clause 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, from time to time, direct.