Issue of shares to subscribers to memorandum of association of each company.
20.—(1) One share in the share capital of the postal company shall be allotted to each of the subscribers to the memorandum of association of that company.
(2) One share in the share capital of the telecommunications company shall be allotted to each of the subscribers to the memorandum of association of that company.
(3) The cost of such shares shall be advanced to the subscribers out of the Central Fund or the growing produce thereof.
