Section 21A: Share capital of Board
consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
21A. Share capital of Board
(1) The Board may resolve to invite planters within the Rose Belle factory
area and its employees to become shareholders of the Board.
(2) The Minister may, upon being notified that a resolution under subsection (1) has been passed and after consultation with the Board, prescribe—
(a) a share capital for the Board, due regard being had to the assets
of the Board;
(b) the division of the share capital into Government shares, planters’ shares, workers’ shares and such other categories of shares
as he thinks necessary;
(c) the face value of each share;
(d) the terms for the issue, transfer and redemption of shares;
(e) the conditions to be attached to each category of shares; and
(f) such other matters as may be necessary or expedient to implement the terms of any resolution passed in accordance with
subsection (1).
PART V – MISCELLANEOUS