(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 art, craft or design,
(b)the commissioning of works of art, craft or design,
(c)the production of replicas or reproductions of works of art, craft or design, or of souvenirs,
(d)the sale of informative material relating to art, craft or design, of works of art, craft or design, of replicas or reproductions of such works, or of souvenirs, and
(e)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 works of design are to works illustrating the principles of design.
(5)This section is without prejudice to any power of the Board to undertake anything mentioned in subsection (2) by virtue of section 2.
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)