# Commonwealth Development Corporation Act 1999, Section 17: Acquisition of securities.


(1) The Secretary of State may acquire or arrange for a nominated person to acquire—
(a) securities of the Corporation or a company associated with the Corporation;
(b) rights to subscribe for such securities.
(2) Expenditure of the Secretary of State under subsection (1) shall be paid out of money provided by Parliament.

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Source: https://www.legislation.gov.uk/ukpga/1999/20/section/17 (the official version)
Page: https://openlegislation.uk/commonwealth-development-corporation-act-1999/section-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.