Sugar Manufacture Act, 1933

Powers of Minister in respect of shares held by him.

12.—(1) The Minister may hold for so long as he thinks fit the shares of the Company subscribed for by him under this Part of this Act and may as and when he thinks fit sell all or any of such shares.

(2) The net proceeds of every sale by the Minister of shares of the Company held by him shall be paid into the Exchequer.