109DFunding of private subsidiary corporations

#### 109D Funding of private subsidiary corporations 109D Funding of private subsidiary corporations > > (1) The Food Authority may, out of its funds— > > > > > (a) pay for the formation of a private corporation, or for other costs incurred, under section 109C, and > > > > > (b) with the approval of the Minister, make grants of money to a private subsidiary corporation for use in the exercise of its functions. > > > (2) The Food Authority may, with the approval of the Minister, transfer any of its assets to a private subsidiary corporation. > > **s 109D:** Ins 2004 No 16, Sch 1 \[21\].