The conditions of taking of shares or debentures by the State Government or the guarantee of a minimum return on the whole or part of the capital of any industry shall be-



(a) that the industry shall be subject to the conditions laid down in section 10 in respect of inspection and returns ; and



(b) that for all shares and debentures taken by the State Government, there shall be taken by the other person shares or debentures of an amount which shall be at least fifty percentum of the amount paid by the State Government.