Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 18 August 2017 - onwards
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.