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29. For the purposes of section 3 of the Freedom of Information Act 2000 (public authorities) F1, Deposits Management (Heritable) shall be deemed—
(a)not to be a publicly-owned company for the purposes of subsection (1)(b);
(b)not to hold information on behalf of the Treasury or Treasury Solicitor for the purpose of subsection (2)(b).
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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