Postal Services Act 2000
2000 CHAPTER 26
Commentary on Sections
Part IV Reorganisation of the Post Office
Section 62: Transfer of property etc. to nominated company
91.Section 62 permits the Secretary of State, after consulting the Post Office, to transfer by order all the property, rights and liabilities of the Post Office to a company wholly owned by the Crown which has been formed under the Companies Act 1985. He may vary or revoke the order with a subsequent order before any transfer has taken place. Further provisions about the transfer are made in Schedule 3.
- Previous
- Explanatory Notes Table of contents
- Next