87 Government investment in securities of the nominated holding companies.E+W
(1)The Treasury or, with the consent of the Treasury, the Secretary of State may at any time acquire—
(a)securities of the nominated holding company of a successor company; or
(b)rights to subscribe for any such securities.
(2)The Secretary of State shall not dispose of any securities acquired under this section without the consent of the Treasury.
(3)Any expenses incurred by the Treasury or the Secretary of State in consequence of the provisions of this section shall be paid out of money provided by Parliament.
(4)Any dividends or other sums received by the Treasury or the Secretary of State in right of, or on the disposal of, any securities or rights acquired under this section shall be paid into the Consolidated Fund.