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The British Technology Group Act 1991 (Government Shareholding) Order 1992
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- UK Statutory Instruments
- 1992 No. 1437
- Explanatory Note
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Explanatory Note
(This note is not part of the Order)
This Order, as required by section 6 of the British Technology Goup Act 1991, sets the target investment limit for the Government shareholding in British Technology Group Limited at nil per cent of the voting rights exercisable in all circumstances at general meetings of the company, being the proportion of those rights carried by the one special rights redeemable preference share which, at the date this Order is made, is held by the Secretary of State.
British Technology Group Limited ceased to be wholly owned by the Crown on 31st March 1992.
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