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Caroni (1975) Limited and Orange Grove National Company Limited (Divestment) Act, 2005 (No. 25 of 2005).

Type of law
Legislation
Source


Abstract
This Act transfers real estate undertakings from the Caroni (1975) Limited and Orange Grove National Company Limited, both wholly owned state enterprises, to the State. The Minister may, by Order, transfer to or vest in the Sugar Manufacturing Company ("Company"), all or any part of the operational undertakings necessary for the Company to undertake the sugar cane processing and sugar refining business conducted by Caroni and not already leased to or forming part of lands leased to or otherwise vested in the Company. Notwithstanding the State Lands Act, the Manager of the Company shall be responsible for the development of the real estate undertakings in accordance with this Act.
Long title of text
An Act to provide for the vesting of the operational undertakings of Caroni (1975) Limited in another company and the vesting of the real estate undertakings of Caroni (1975) Limited and Orange Grove National Company Limited in the Republic of Trinidad and Tobago and to provide for the development and management of certain real estate undertakings.
Date of text
Repealed
No
Serial Imprint
Legal Supplement Part A to the Trinidad and Tobago Gazette, Vol. 44, No. 167 of 2005.
Source language

English

Legislation Amendment
No