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Version date: 18 August 2017 - onwards
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6A. Report on disposal of Crown's shares in UK Green Investment Bank company

(1) As soon as reasonably practicable after a disposal of shares held by the Crown in a UK Green Investment Bank company the Secretary of State must lay before Parliament a report on the disposal.

(2) The report -

(a) must state -

(i) the kind of disposal, and

(ii) the proportion of the company's share capital retained by the Crown (or that none has been retained); and

(b) must include -

(i) an assessment of how the Secretary of State's objectives for the disposal have been achieved, and

(ii) where the Crown still holds one or more shares in a UK Green Investment Bank company, details of the Secretary of State's intentions as to the Crown's future role and interest in such companies.

(3) The Secretary of State must give a copy of the report to -

(a) the Scottish Ministers,

(b) the Welsh Ministers, and

(c) the Office of the First Minister and deputy First Minister in Northern Ireland.

(4) Subsection (3) applies to a report as described in section 38 of the Enter

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