http://www.legislation.gov.uk/ukpga/2000/26/section/79/notesPostal servicesCouncil policies and plansLegislationTrading standardsConsumer complaintsExplanatory Notes to Postal Services Act 2000Department of Trade and IndustryKing's Printer of Acts of Parliament2014-03-03 26 28 July 2000 121 Section 79 empowers the Treasury, or the Secretary of State with the Treasury’s consent, to appoint a person to act as their nominee for the purposes of section 63 (government holding in the Post Office company and its subsidiaries), section 64 (government investment in securities of the Post Office company) and section 74(3) and (4) (further provisions relating to the capital structure of the Post Office company). Any nominees shall hold and deal with the securities or debt securities on such terms and manner as directed by the Treasury, or with the consent of the Treasury, the Secretary of State.