Public Trust Corporation Act 1995 · Updated to 1 Sep 2010 · Part II · Formation and Ownership of the Corporation and Vesting Provisions
6. Government investment in further issues of shares of the Corporation
Feedback & supportFurther issues of the shares in the Corporation shall only be made as the Minister of Finance may, after consultation with the Minister, at any time, direct.
Corporation
“Corporation” means the corporation under the name of Amanah Raya Berhad incorporated under the Companies Act 1965
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Any expenses incurred by the Minister of Finance in consequence of the provisions of this section shall be treated as investments and be authorized under subparagraph 8(3)(a)(iv) of the Financial Procedure Act 1957 [Act 61].
Minister
“Minister” means the Minister charged with the responsibility for the administration of trusts and estates; *
Any dividends or other sums received by the Minister of
Finance under this section shall be paid into the Consolidated
Fund.
Fund
“Group Investment Fund” or “Fund” means a Group Investment Fund formed under section 30;
Stamp duty shall not be chargeable in respect of any increase in the capital of the Corporation which—
is effected by the issue of shares; and
is certified by the Treasury as having been effected by the issue of shares subscribed for by the Minister of
Finance under subsection (1).