(1)The Treasury or, with the consent of the Treasury, the Secretary of State may at any time acquire securities of[F2—
(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).]
[F3(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.
F4(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1 Words in s. 64 heading substituted (1.10.2011) by Postal Services Act 2011 (c. 5) , s. 93(2)(3) , Sch. 12 para. 8(2); S.I. 2011/2329 , art. 3
F2 Words in s. 64(1) substituted (1.10.2011) by Postal Services Act 2011 (c. 5) , s. 93(2)(3) , Sch. 12 para. 8(3) ; S.I. 2011/2329 , art. 3
F3 S. 64(1A) inserted (1.10.2011) by Postal Services Act 2011 (c. 5) , s. 93(2)(3) , Sch. 12 para. 8(4) ; S.I. 2011/2329 , art. 3
F4 S. 64(3) omitted (1.10.2011) by virtue of Postal Services Act 2011 (c. 5) , s. 93(2)(3) , Sch. 12 para. 8(5) ; S.I. 2011/2329 , art. 3