# The Enterprise Act 2016 (Commencement No. 5) Regulations 2017, Introduction: 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.
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:

---
Source: https://www.legislation.gov.uk/uksi/2017/842/introduction (the official version)
Page: https://openlegislation.uk/enterprise-act-2016-commencement-no-5-regulations-2017/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.