SCHEDULES
SCHEDULE 12Minor and consequential amendments
Part 1Postal Services Act 2000
I115
1
Section 74 (further provisions relating to the capital structure of the Post Office company) is amended as follows.
2
In the heading, for “the Post Office company” substitute “
certain relevant companies
”
.
3
In subsection (1), for “the Post Office company” substitute “
a company within subsection (1A)
”
.
4
After that subsection insert—
1A
A company is within this subsection if—
a
it is a relevant company,
b
it is wholly owned by the Crown, and
c
it does not have a parent company.
5
In subsection (3)—
a
for “The Post Office company” substitute “
A company within subsection (1A)
”
, and
b
at the end insert “
(or their nominees)
”
.
6
In subsection (4), after “the Secretary of State” insert “
(or a nominee of the Secretary of State)
”
.
7
In subsection (7)(b), for “the Post Office company” substitute “
the relevant company
”
.