The Telecommunications Act 1984 (Government Shareholding) Order 1985
Whereas British Telecommunications public limited company, being the successor company(a) for the purposes of section 60 of the Telecommunications Act 1984(b), has ceased to be wholly owned by the Crown, and whereas the Secretary of State and his nominees hold shares in the company carrying 49.803 per cent. of the voting rights exercisable in all circumstances at general meetings of the company:

Now, therefore, the Secretary of State, in exercise of his powers under sections 65(1) and 104(1)...