Turf Development Act, 1998

Issue of share to Minister.

12.—(1) The Company shall issue one share to the Minister.

(2) The Minister may exercise in respect of his or her share all the rights and powers of a holder of such a share and, where a right or power is exercisable by attorney, exercise it by his or her attorney.

(3) The cost of such share shall be advanced to the Minister out of the Central Fund or the growing produce thereof.