98 Acquisition of securities and promotion of body corporate.E+W+S
(1)The [F1Housing Corporation] may with the consent of the Secretary of State—
(a)subscribe for or acquire securities of a body corporate, and
(b)promote or participate in the promotion of a body corporate.
(2)In the section “securities” means shares, stock, debenture stock and other securities of a like nature.
Textual Amendments
F1Words in s. 98(1) substituted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 50 (with ss. 139(2), 143(2)); S.I. 1998/2244, art. 5