106Prohibited activities

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106 Prohibited activities

Despite any other Act or law, the SEC must not—

(a) if it is a body corporate in which shares have been issued—

(i) do anything contrary to section 104(2)(a); or

(ii) pay any dividend, or make any other distribution of profits to the shareholders of the SEC or the State; or

(b) if it is a body corporate established by or under an Act in which shares have not been issued, pay any dividend, or make any other distribution of profits to the State; or

S. 107 inserted by No. 36/2024 s. 4.

Section 106 - Constitution Act 1975 - Prohibited activities | Zoe