36Power of Minister to consent to institution of proceeding

36 Power of Minister to consent to institution of proceeding

Where –

(a) the institution of a particular proceeding under the Companies Act 1962 was subject to the consent of the Minister; and

(b) the proceeding was not instituted before the commencement of this Act but may be instituted after the commencement of this Act by reason of the operation of section 16 of the Acts Interpretation Act 1931 –

the enactment of this Act does not affect the power of the Minister to consent to the institution of the proceeding.