Part IV Reorganisation of the Post Office

The Post Office company etc: government holdings

64 Government investment in securities of F1certain companies.

(1)

The Treasury or, with the consent of the Treasury, the Secretary of State may at any time acquire securities ofF2

(a)

a Post Office company,

(b)

a Royal Mail company, or

(c)

a company in the same group as a company within paragraph (a) or (b).

F3(1A)

Securities acquired under this section may be held by a nominee.

(2)

The Secretary of State shall not, without the consent of the Treasury, dispose of any securities acquired by him in pursuance of this section.

F4(3)

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