(1) Every member of the Company shall hold the member's shares in the Company upon trust for the Minister and shall accordingly be bound to -
(a) pay every dividend and other money received by the member in respect of the shares to the Minister for the benefit of the Exchequer, and
(b) transfer the shares to the Minister as and when required by the Minister.
(2) If the Minister thinks fit, the Minister may arrange for and require a person who holds shares in a company controlled by the Company, and who holds the shares upon trust for the Minister, to transfer the shares to the Minister, as and when required by the Minister.
(3) Shares transferred to the Minister under subsection (1) or (2) vest in the Minister.