British Steel Act 1988
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
4 Government investment in securities of the successor company.
(1) ... The Treasury or, with the consent of the Treasury, the Secretary of State may at any time acquire— (a) securities of the successor company; or (b) rights to subscribe for any such securities. (2) The Secretary of State may not dispose of any securities or rights acquired by him by virtue of this section without the consent of the Treasury. (3) Any expenses incurred by the Treasury or the Secretary of State in consequence of the provisions of this section shall be paid out of money provided by Parliament. (4) Any dividends or other sums received by the Treasury or the Secretary of State in right of, or on the disposal of, any securities or rights acquired by virtue of this section shall be paid into the Consolidated Fund.
4 Government investment in securities of the successor company.
(1) ... The Treasury or, with the consent of the Treasury, the Secretary of State may at any time acquire— (a) securities of the successor company; or (b) rights to subscribe for any such securities. (2) The Secretary of State may not dispose of any securities or rights acquired by him by virtue of this section without the consent of the Treasury. (3) Any expenses incurred by the Treasury or the Secretary of State in consequence of the provisions of this section shall be paid out of money provided by Parliament. (4) Any dividends or other sums received by the Treasury or the Secretary of State in right of, or on the disposal of, any securities or rights acquired by virtue of this section shall be paid into the Consolidated Fund.
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Who it helps, what it costs, what it fixes. It is what persuades people to support it.
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