# Air Travel Reserve Fund Act 1975 (repealed 8.11.1995), Paragraph 4

Extent: E+W+S+N.I.

The exercise by the Agency of their functions in relation to the management of the Fund shall be subject to any directions the Secretary of State may think fit to give to the Agency from time to time; and directions given by the Secretary of State under this paragraph may in particular (but without prejudice to the generality of the preceding provision) confine any investments to be made by the Agency for the purposes of the Fund to investments of any particular class or description.

---
Source: https://www.legislation.gov.uk/ukpga/1975/36/schedule/paragraph/4 (the official version)
Page: https://openlegislation.uk/air-travel-reserve-fund-act-1975-repealed-8111995/schedule/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.