Section 5
Government investment in further issues of shares of the successor company
of Standards of Malaysia Act 1996
ActIn forceProvision 5 of 43
Section 5
(2)
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].
(3)
Any dividends or other sums received by the Minister of
Finance under this section shall be paid into the Consolidated Fund.
(4)
Stamp duty shall not be chargeable in respect of any increase in the capital of the successor company which—
(a)
is effected by the issue of shares; and
(b)
is certified by the Treasury as having been effected by the issue of shares subscribed for by the Minister of Finance under subsection (1).