Gas Act, 2001 (Act No. 48 of 2001)

Chapter III : Gas Licences and Registration

20. Disposal of gas assets controlled by State
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Whenever any state-controlled entity that acquired a licence pursuant to the provisions of section 19(2) sells any of its shares or any of its assets or part thereof, covered by such a licence, to any privately controlled entity, it shall do so by means of an open and transparent bidding procedure.