National Lottery Act, 1986

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Acquisition of shares in Company by Minister.

20.—(1) The Minister may from time to time take up by subscription or purchase from the holder shares in the Company, but the Minister shall not so exercise the powers conferred on him by this subsection that the total nominal value of the shares of the Company held by him at any time exceeds 20 per cent. of the total nominal value of the issued shares of the Company.

(2) All moneys from time to time required by the Minister to meet payments required to be made by him in respect of any shares in the Company taken up or otherwise acquired by him shall be advanced out of the Central Fund or the growing produce thereof.