Air Traffic and Navigation Services Company Act, 1993 (Act No. 45 of 1993)

3. Share capital of company
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(1)The State shall be the holder of the shares in the company.

 

(2)The said shares shall only be sold or otherwise disposed of with the approval, by resolution, of Parliament.

 

(3)The rights attached to the shares of which the State is the holder shall be exercised by the Shareholding Minister on behalf of the State.

 

(4)The State President shall designate a Minister as the Shareholding Minister.