Postal and Telecommunications Services Act, 1983

Transfer by Minister of shares.

23.—(1) The Minister may, from time to time as occasion requires for the purpose of compliance with so much of the Companies Acts as requires that there shall always be at least two members of each company, transfer to any person one of his shares in such company.

(2) Save as authorised by subsection (1), the Minister shall not transfer or alienate any of his shares in either company.