Part IV

Reorganisation of the Post Office

The Post Office company etc: government holdings

Government investment in securities of certain companies.
64
1
The Treasury or, with the consent of the Treasury, the Secretary of State may at any time acquire securities of—
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).
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.
3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Words in s. 64 heading substituted (1.10.2011) by Postal Services Act 2011 (c. 5) , s. 93(2)(3) , Sch. 12 para. 8(2); S.I. 2011/2329 , art. 3
Words in s. 64(1) substituted (1.10.2011) by Postal Services Act 2011 (c. 5) , s. 93(2)(3) , Sch. 12 para. 8(3) ; S.I. 2011/2329 , art. 3
S. 64(1A) inserted (1.10.2011) by Postal Services Act 2011 (c. 5) , s. 93(2)(3) , Sch. 12 para. 8(4) ; S.I. 2011/2329 , art. 3
S. 64(3) omitted (1.10.2011) by virtue of Postal Services Act 2011 (c. 5) , s. 93(2)(3) , Sch. 12 para. 8(5) ; S.I. 2011/2329 , art. 3