Part IV Reorganisation of the Post Office

Supplementary provisions

78 Information requirements on F1certain relevant companies.

F3A1

This section applies to—

a

a relevant company that is wholly owned by the Crown and does not have a parent company, and

b

the original holding company if it is wholly owned by the Crown.

1

The Treasury may F2serve notice on a company to which this section applies

a

requiring it to supply to the Treasury such information—

i

as the Treasury may reasonably require for the performance of their functions in relation to public sector finance, and

ii

as may be specified or described in the notice, and

b

specifying the time, place, manner and form in which any such information is to be supplied and the person to whom it is to be supplied.

2

If a person makes default in complying with a notice under subsection (1), the court may, on the application of the Treasury, make such order as the court considers appropriate for requiring the default to be made good.

3

Any such order may, in particular, provide that all the costs or expenses of and incidental to the application shall be borne—

a

by the person in default, or

b

if officers of a company are responsible for its default, by those officers.

4

In this section “the court”—

a

in relation to England and Wales or Northern Ireland, means the High Court, and

b

in relation to Scotland, means the Court of Session.