PART IThe Corporations
Constitution and functions
8Furnishing and publication of information by the Corporations
(1)
In such manner and at such times as the Secretary of State may specify in relation to it, each Corporation shall furnish the Secretary of State with such information—
(a)
as he may specify in writing to it, and
(b)
as the Corporation has or can reasonably be expected to obtain,
with respect to such matters relating to the Corporation or its wholly owned subsidiaries or the activities (past, present or future), plans or property of any of them as the Secretary of State may so specify.
(2)
The Secretary of State may, by directions given to either Corporation, require it to publish, in such manner as may be specified in the directions, such information as may be so specified relating to—
(a)
the operations of the Corporation and its wholly owned subsidiaries; and
(b)
its policy and plans for the general conduct of its undertaking and the businesses of all or any of its wholly owned subsidiaries.
(3)
Before giving any directions under subsection (2) above the Secretary of State shall consult the Corporation to which they are to be given.