SCHEDULES
SCHEDULE 6Structure etc. of transferee companies
Government investment in securities of transferee company
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1
The Treasury or a Minister of the Crown may use money provided by Parliament for the acquisition of—
a
securities of the transferee company; or
b
rights to subscribe for such securities.
2
The consent of the Treasury is required for—
a
an acquisition by a Minister of the Crown under sub-paragraph (1); or
b
a disposal by a Minister of the Crown of securities or rights acquired by virtue of this paragraph.