Postal and Telecommunications Services Act 1983

Transfer by Minister of shares.

23

23.—(1) The Minister may, from time to time as occasion requires for the purpose of compliance with so much of the Companies Acts as requires that there shall always be at least two members of each company, transfer to any person one of his shares in such company.

(2) Save as authorised by subsection 1, the Minister shall not transfer or alienate any of his shares in either company.

Annotations

Modifications (not altering text):

C21

Application of section restricted insofar as it applies to the company (7.02.1997) by Telecommunications (Miscellaneous Provisions) Act 1996 (34/1996), s. 14(2) and sch. 3 part II, S.I. No. 72 of 1996, art. 3.

Repeals

14.— ...

(2) The enactment mentioned in column (2) of Part II of the Third Schedule is hereby repealed to the extent mentioned in column (3) of that Schedule in so far as it applies to the company.

THIRD SCHEDULE

Repeals

Section 14

...

PART II

Number and Year

Title of Act

Extent of Repeal

(1)

(2)

(3)

No. 24 of 1983.

Postal and Telecommunications Services Act, 1983.

Sections 10 (3) (c) and (d), 16 (1) and (2) (a), (b), (c), (d), (f), 17, 19 (4), 21, 23, 25, 31 (3), 36 and 110 (5) in so far as they apply to the company.