Irish Telecommunications Investments Limited Act, 1981

Holding and sale by Minister for Finance of shares of Company.

3.—(1) The Minister for Finance may hold for as long as he thinks fit any shares of the Company taken up or acquired by him and, after consultation with the Minister, may as he thinks fit sell any of such shares.

(2) The net proceeds of a sale by the Minister for Finance of shares of the Company shall be paid into or disposed of for the benefit of the Exchequer.