Paragraph 15 I1

Section 74 (further provisions relating to the capital structure of the Post Office company) is amended as follows.

In the heading, for “the Post Office company” substitute “ certain relevant companies ”.

In subsection (1), for “the Post Office company” substitute “ a company within subsection (1A) ”.

After that subsection insert—

“(1A)

A company is within this subsection if—

(a)

it is a relevant company,

(b)

it is wholly owned by the Crown, and

(c)

it does not have a parent company.”

In subsection (3)—

In subsection (4), after “the Secretary of State” insert “ (or a nominee of the Secretary of State) ”.

In subsection (7)(b), for “the Post Office company” substitute “ the relevant company ”.