11 Power of Board to form companies.E+W
(1)With the consent of the Secretary of State and subject to any conditions he may impose, the Board may form or take part in forming one or more bodies corporate which (or each of which) has as its main object or objects
[F1(a)one or more of the particular objects mentioned in subsection (2), or
(b)any other object or objects incidental to the Board's functions.]
(2)The [F2particular objects ] are—
(a)the production and publication of books, films or other informative material relating to science and technology,
(b)the production of replicas or reproduction of objects relating to science and technology, or of souvenirs,
(c)the sale of informative material relating to science and technology, or of replicas or reproductions of objects relating to science and technology, or of souvenirs, and
(d)the provision of catering or car parking or other services or facilities for the public at any premises occupied or managed by the Board.
(3)The Board may hold interests in any such body, exercise rights conferred by the holding of interests in it, and provide financial or other assistance to or in respect of it (including assistance by way of guarantee of its obligations).
(4)In this section references to science and technology include references to the development of those subjects.
(5)This section is without prejudice to any power of the Board to undertake anything mentioned in subsection (2) by virtue of section 10.
Textual Amendments
F1S. 11(1)(a)(b) substituted for words in s. 11(1) (14.2.2012) by Public Bodies Act 2011 (c. 24), ss. 32(3)(a), 38(1)
F2Words in s. 11(2) substituted (14.2.2012) by Public Bodies Act 2011 (c. 24), ss. 32(3)(b), 38(1)
Modifications etc. (not altering text)
C1Ss. 1-16: functions of the Secretary of State transferred by S.I. 1983/879, 1984/1814, 1986/600, 1992/1311 and as from 29.4.1986 to 2.7.1992 exercisable by the Lord President of the Council by virtue of S.I. 1986/600, arts. 2(1), 7(1), Sch 1 Pt. I and as from 3.7.1992 again exercisable by the Secretary of State by virtue of S.I. 1992/1311, art. 3(1), Sch. 1 Pt.I and references to the Secretary of State from 29.4.1986 to 2.7.1992 and from 3.7.1992 to be construed accordingly by virtue of S.I. 1986/600, art. 7(1) and S.I. 1992/1311, art. 12(4)