The Transfer of Functions (Government Shareholding in British Airways Plc) Order 1988

1.  The Civil Aviation Act 1980 shall be amended as follows:—

(1) In section 4(6) after the words “received by” there shall be inserted the words “the Treasury or”.

(2) After section 6(1) there shall be inserted—

• “(1A)The Treasury may at any time take, or direct any person acting as their nominee to take, any such action as is mentioned in subsection (1)(a), (b) or (c) above.”.

(3) In section 6(3)—

(a) after the words “Any nominee of” there shall be inserted the words “the Treasury or”;

(b) for the words “as the Secretary of State may direct” there shall be substituted the words “as the Treasury or, as the case may be, the Secretary of State may direct.”.

(4) In section 6(4) after the words “received by” there shall be inserted the words “the Treasury or”.

(5) In section 7(3) before the words “the Secretary of State” there shall be inserted the words “the Treasury and” and for the words “his” and “him”, wherever occurring, there shall be substituted the words “their” and “them”.

(6) In section 7(4)—

(a) for the words “the Secretary of State may” there shall be substituted the words “the Treasury or the Secretary of State may”;

(b) for the words “any nominee of his” (in both places) there shall be substituted the words “any nominee of theirs or his”;

(c) for the words “available to him” there shall be substituted the words “available to them or him”;

(d) for the words “the duty of the Secretary of State” there shall be substituted the words “the duty of the Treasury and the Secretary of State”.