Sch 12 para 8
(1) Section 64 (government investment in certain securities) is amended as follows. (2) In the heading, for “ the Post Office company and its subsidiaries ” substitute “ certain companies ” . (3) In subsection (1), for “the Post Office company or of any of its subsidiaries” substitute — (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). (4) After that subsection insert— (1A) Securities acquired under this section may be held by a nominee. (5) Omit subsection (3).