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PART IIIThe new Authority for the Conduct of postal and telegraphic Business

Miscellaneous Matters

86Interpretation of Part III

(1)In this Part of this Act, unless the context otherwise requires, the following expressions have the meanings hereby assigned to them respectively, that is to say:—

(2)Any reference in this Part of this Act to a subsidiary shall be construed in accordance with section 154 of the [1948 c. 38.] Companies Act 1948 and any reference therein to a wholly owned subsidiary shall be construed in accordance with section 150(4) of that Act.

(3)Any reference in this Part of this Act to data processing shall be construed as including a reference to the storage and retrieval of information.

(4)Nothing in this Part of this Act shall be taken to restrict the construction of references to the Post Office's business so as to exclude the performance of services which, by virtue of section 7(1)(d) of this Act, it has power to perform.