There are currently no known outstanding effects for the Postal Services Act 2011, Paragraph 8.
8(1)Section 64 (government investment in certain securities) is amended as follows.U.K.
(2)In the heading, for “the Post Office company and its subsidiaries” substitute “ certain companies ”.
(3)In subsection (1), for “the Post Office company or of any of its subsidiaries” substitute “—
(a)a Post Office company,
(b)a Royal Mail company, or
(c)a company in the same group as a company within paragraph (a) or (b).”
(4)After that subsection insert—
“(1A)Securities acquired under this section may be held by a nominee.”
(5)Omit subsection (3).
Commencement Information
I1Sch. 12 para. 8 in force at 1.10.2011 by S.I. 2011/2329, art. 3
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