Postal and Telecommunications Services Act, 1983

Acquisition of shares and exercise of powers by the Minister.

22.—(1) The Minister may take up by subscription shares in each company.

(2) The Minister may, subject to this Act, exercise in respect of the shares of each company held by him all the rights and powers of a holder of such shares and, where a right or power is exercisable by attorney, exercise it by his attorney.