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Divestiture of States Interest (Implementation) Act, 1993 🇬🇭


P.N.D.C.L. 326

Divestiture of States Interest (Implementation) Act, 1993

  • Published in Government Gazette on 11 May 1993
  • Assented to on 5 January 1993
  • Commenced on 1 January 1993
  • [This is the version of this document from 11 May 1993.]
AN ACT to provide for the divestiture of interests of the Republic in corporate and other bodies and for related matters.

1. Divestiture directives

The divestiture by the Republic of any of its interests in a statutory corporation or a corporate body incorporated under the Companies Act, 1963 (Act 179) or under the Incorporated Private Partnerships Act, 1962 (Act 152) shall be in accordance with the policy directives determined by the President.

2. Establishment of the Divestiture Implementation Committee

There is hereby established a Divestiture Implementation Committee, which shall be the agency of the Government for the implementation of Government policies in respect of divestiture programmes under this Act.

3. Object and functions of the Committee

(1)The object…

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