Housing Finance Agency Act, 1981

Power of Minister for Finance to take up, hold, and dispose of shares of Agency.

7.—(1) The Minister for Finance may, after consultation with the Minister, from time to time take up by subscription or purchase, and hold, shares of the Agency.

(2) The Minister for Finance may, after consultation with the Minister, sell or otherwise dispose of any shares of the Agency taken up or acquired by him.

(3) The net proceeds (if any) of a sale or disposal by the Minister for Finance of shares of the Agency shall be paid into or disposed of for the benefit of the Exchequer in such manner as that Minister thinks fit.