SCHEDULES
SCHEDULE 12Minor and consequential amendments
Part 1Postal Services Act 2000
I111
1
Section 70 (extinguishment of certain liabilities) is amended as follows.
2
In subsections (1) and (2), for “the Post Office company or of any of its subsidiaries” substitute “
a relevant company
”
.
3
For subsections (3) and (4) substitute—
3
Before exercising a power under subsection (1) or (2), the Secretary of State must consult—
a
the relevant company, and
b
if the relevant company has a parent company, its parent company (or, if it has more than one parent company, the parent company that does not itself have a parent company).