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Obligation of shareholder (other than Minister) to hold share in trust for Minister.
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12.—(1) A member of the Company (other than the Minister) shall hold his share in the Company upon trust for the Minister and shall accordingly be bound to pay all dividends and other moneys received by such member in respect of such share to the Minister for the benefit of the Exchequer and to transfer, as and when required by the Minister, such share to the Minister or a person nominated in that behalf by the Minister.
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