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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 October 2004 - onwards
  Version 2 of 2    

3. Holding and sale by Minister of shares of Company.

Repealed from 1 October 2004

(1) The Minister may hold for so long as he thinks fit any shares of the Company for the time being vested in him and, after consultation with the Minister for Finance, may, as and when he thinks fit, sell or otherwise dispose of all or any of such shares.

(2) The net proceeds of a sale by the Minister of shares of the Company shall be paid into or disposed of for the benefit of the Exchequer.

Comparing proposed amendment...