Conversion Of Government Owned Business Undertakings Into Public Corporations Act (No. 22 of 1987)

Sri Lanka Consolidated Acts

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Conversion Of Government Owned Business Undertakings Into Public Corporations Act (No. 22 of 1987) - Sect 10

Government to hold shares in the Corporation

10. The Board shall allot to the Secretary to the Treasury (in his official capacity) fully paid up shares equal to the value of the capital and he shall hold such shares for and on behalf of the State.

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