# Industry Act 1980, Section 1: Functions of the Board and Agencies.

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

(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) In section 1 of the Welsh Development Agency Act 1975—
(a) in subsection (2), in paragraph (a), at the end there shall be added the words “,and in that connection to provide, maintain or safeguard employment”;
(b) in subsection (3), after paragraph (i) there shall be added—
“(j) to promote the private ownership of interests in industrial undertakings by the disposal of securities and other property held by the Agency or any of their subsidiaries”;
(c) subsection (2)(c), in subsection (3)(d) the word “reorganisation”, and subsection (3)(e) shall cease to have effect; and
(d) in subsection (11) the words from “in connection” to “above” shall cease to have effect.

---
Source: https://www.legislation.gov.uk/ukpga/1980/33/section/1 (the official version)
Page: https://openlegislation.uk/industry-act-1980/section-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.