Part 1Sale of the Tote
General
11Preparatory work by the Tote
(1)
The Horserace Totalisator Board may do anything that it or the Secretary of State thinks necessary or expedient in connection with—
(a)
a provision of this Part,
(b)
the operation of the successor company on or after the appointed day, or
(c)
the listing, issue, sale or other disposal of securities of the successor company or a company associated with it.
(2)
The Board shall so far as is reasonably practicable comply with—
(a)
any request of the Secretary of State to provide information or assistance in connection with a matter specified in subsection (1)(a) to (c), and
(b)
any direction of the Secretary of State made in connection with a matter specified in subsection (1)(a) to (c).
(3)
Before making a request or giving a direction under subsection (2) the Secretary of State shall consult the Board.