PART 1Access to finance

Exports

11Power of the Secretary of State under section 1 of the EIGA 1991

1

Section 1 of the Export and Investment Guarantees Act 1991 (assistance in connection with exports of goods and services) is amended as follows.

2

For subsections (1) and (1A) substitute—

1

The Secretary of State may make arrangements under this section which the Secretary of State considers are conducive to supporting or developing (whether directly or indirectly) supplies or potential supplies by persons carrying on business in the United Kingdom of goods, services or intangible assets (including intellectual property) to persons carrying on business outside the United Kingdom.

3

After subsection (4) insert—

5

The arrangements that may be made under this section also include the provision of advice or information.

4

For the heading of the section substitute “ Arrangements for the support and development of supplies, etc ”.