# Postal Services Act 2000, Section 64: Government investment in securities of certain companies.

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

(1) The Treasury or, with the consent of the Treasury, the Secretary of State may at any time acquire securities of—
(a) a Post Office company,
(b) a Royal Mail company, or
(c) a company in the same group as a company within paragraph (a) or (b).
(1A) Securities acquired under this section may be held by a nominee.
(2) The Secretary of State shall not, without the consent of the Treasury, dispose of any securities acquired by him in pursuance of this section.
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/2000/26/section/64 (the official version)
Page: https://openlegislation.uk/postal-services-act-2000/section-64
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.