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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order sets the target investment limit for the Government shareholding in British Gas plc at 2.680 per cent of the voting rights exercisable in all circumstances at general meetings of the company, being the proportion of those rights carried by shares which, at the date this Order is made, are held by the Government in the company by virtue of Part II of the Act (section 54(3) of the Gas Act 1986).