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Paragraph 5 International Development Act 2002

Original text. Later amendments are not shown.

(1)

Section 6 (financial assistance) is amended as follows.

(2)

In subsection (1)(c), for “Secretary of State” substitute “Minister”.

(3)

After subsection (4) insert—

“(5)

In a case where securities of a company are acquired by the Treasury, the securities are to be treated as held by the persons for the time being constituting the Treasury.”