Introductory text

Enterprise

Made 17th August 2017

These Regulations are made in exercise of the powers conferred by section 44(5) of the Enterprise Act 2016^f1.

In accordance with section 38(1) of the Enterprise Act 2016, the Secretary of State has—

(a)

decided to make a disposal of shares held by the Crown in a UK Green Investment Bank company, and

(b)

laid before Parliament a report on the proposed disposal which states—

(i)

the kind of disposal intended,

(ii)

the expected time-scale for disposal,

(iii)

the Secretary of State’s objectives for the disposal.

Accordingly, the Secretary of State makes the following Regulations:

Annotations