Part IV Reorganisation of the Post Office

The Post Office company etc: government holdings

64 Government investment in securities of F1certain companies.

1

The Treasury or, with the consent of the Treasury, the Secretary of State may at any time acquire securities ofF2

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).

F31A

Securities acquired under this section may be held by a nominee.

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.

F43

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