Formation of companies for transfer of bridges and toll-roads to them
20L. (1) Notwithstanding anything contained elsewhere in this Ordinance, the Authority may, if it deems it expedient in the public interest so to do, form, with the prior approval of the Government, one or more companies, with such share capital as it may determine, for the purpose of transferring to them the ownership, administration, management, operation and maintenance of any bridge or toll-road, or both, after the completion thereof.
(2) The Authority may own and hold all or any number of shares of any such company, but initially it shall hold all the shares thereof.
(3) The Authority may, with the prior approval of the Government, transfer to the public or to any organisation or institution all or any number of shares of any such company owned and held by it.
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