National Lottery Act, 1986

Holding and sale by Minister of shares in Company.

21.—(1) The Minister may hold for so long as he thinks fit any shares in the Company for the time being vested in him and may, as and when he thinks fit, sell or otherwise dispose of all or any of such shares after consultation, if and whenever one person is the holder of more than one half in nominal value of the total issued shares in the Company, with that person.

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