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ArmouriesU.K.

[F118A 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 one or more of those mentioned in subsection (2).

(2)The objects are—

(a)the production and publication of books, films or other informative material relating to the Board’s collection and record;

(b)the production of replicas or reproductions of objects comprised in their collection or of documents forming part of their record, or of souvenirs;

(c)the sale (whether or not at an hour when the collection is open to the public for viewing) of informative material relating to their collection or record, of replicas or reproductions of objects comprised in their collection or of documents forming part of their record, or of souvenirs or other goods;

(d)the provision (whether or not at such an hour) of catering or car parking or other services or facilities for the public at any premises occupied or managed by the Board; and

(e)any other object or objects incidental to the Board’s functions.

(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)This section is without prejudice to any power of the Board to undertake anything mentioned in subsection (2) by virtue of section 18.]