sec.81Transfer, issue etc. of shares

### sec.81 Transfer, issue etc. of shares A GOC’s shareholder may transfer shares in the GOC only to another Minister. The Premier may execute a transfer of shares in a GOC or a GOC subsidiary for the purpose of giving effect to this Act. If the Premier executes a transfer of shares in a GOC or a GOC subsidiary, the GOC or subsidiary must register the transfer and take any other action necessary to give effect to the transfer. Subject to the other provisions of this part, this Act does not prevent a GOC or a GOC subsidiary from issuing further shares to its shareholders. s 81 amd 1994 No. 31 s 16 sch 3 (sec.81-ssec.1) A GOC’s shareholder may transfer shares in the GOC only to another Minister. (sec.81-ssec.2) The Premier may execute a transfer of shares in a GOC or a GOC subsidiary for the purpose of giving effect to this Act. (sec.81-ssec.3) If the Premier executes a transfer of shares in a GOC or a GOC subsidiary, the GOC or subsidiary must register the transfer and take any other action necessary to give effect to the transfer. (sec.81-ssec.4) Subject to the other provisions of this part, this Act does not prevent a GOC or a GOC subsidiary from issuing further shares to its shareholders.