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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 22 December 2014 - onwards
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19. Financial and commercial advisory functions relating to designated bodies

(1) The Agency shall provide financial and commercial advisory services to a Minister of the Government who is a relevant Minister in relation to a designated body.

(2) For the purposes of this section and section 20, "financial and commercial advisory services", in relation to a designated body and a Minister of the Government, means services consisting of advice relating to any of the following matters: (a) the performance of any functions of the Minister of the Government (whether or not under any enactment) in relation to the designated body (other than a general function relating to a sector of the economy); (b) the exercise of rights attaching to any shares held by the Minister of the Government in the capital of the designated body; (c) the governance of the designated body and its financial and commercial operation, including the rate of return on capital expected from the designated body and the appropriate dividend policy for the designated body; (d) the corporate

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