The National Enterprise Board and the Scottish and Welsh Development Agencies
1 Functions of the Board and Agencies. C1
F11
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M1
2
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2
3
In section 1 of the M2Welsh Development Agency Act 1975—
a
in subsection (2), in paragraph (a), at the end there shall be added the words “,and in that connection to provide, maintain or safeguard employment”;
b
in subsection (3), after paragraph (i) there shall be added—
j
to promote the private ownership of interests in industrial undertakings by the disposal of securities and other property held by the Agency or any of their subsidiaries
c
subsection (2)(c), in subsection (3)(d) the word “reorganisation”, and subsection (3)(e) shall cease to have effect; and
d
in subsection (11) the words from “in connection” to “above” shall cease to have effect.