F12A Power of the Board to form companies.

(1)

With the consent of the Lord President of the Council and subject to any conditions he may impose, the Board may form, or take part in forming, one or more bodies corporate which, or each of which, has as its main object or objects one or more of those mentioned in subsection (2) below.

(2)

The objects referred to in subsection (1) above are—

(a)

the production and publication of books, films or other informative material relating to the Museum’s collection or theme;

(b)

the production of replicas or reproductions of objects relating to the Museum’s collection or theme, or of souvenirs;

(c)

the sale (whether or not at an hour when the collection is open to the public for viewing) of informative material relating to the Museum’s collection or theme, or of souvenirs or other goods;

(d)

the provision (whether or not at such an hour) of catering or car parking or other services or facilities for the public at any premises occupied or managed by the Board; and

(e)

any other object or objects incidental to the Board’s functions.

(3)

The Board may hold interests in any such body, exercise rights conferred by the holding of interests in it, and provide financial or other assistance to or in respect of it (including assistance by way of guarantee of its obligations).

(4)

This section is without prejudice to any power of the Board to undertake by virtue of section 2 above anything mentioned in subsection (2) above.