Part IV Reorganisation of the Post Office
The Post Office company etc: government holdings
64 Government investment in securities of the Post Office company and its subsidiaries.
(1)
The Treasury or, with the consent of the Treasury, the Secretary of State may at any time acquire securities of the Post Office company or of any of its subsidiaries.
(2)
The Secretary of State shall not, without the consent of the Treasury, dispose of any securities acquired by him in pursuance of this section.
(3)
Subsection (2) does not apply to any disposal which is excepted from subsection (1) or (2) of section 66 by virtue of subsection (3) or (5) of that section.