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The Shareholder Executive is responsible for advising Ministers from this Department directly on the management of their shareholding and financial interests in Ordnance Survey, a Government Department and executive agency in its own right. The executive also advises the Department on its interests in two other trading funds, the Fire Service College and the Queen Elizabeth II Conference Centre.
In April 2007, Ministers asked Ordnance Survey and the Shareholder Executive to work together to prepare a more precise articulation of Ordnance Survey's public task as set out in the Ordnance Survey Framework Document 2004. This work was undertaken between April and June 2007, and Ministers approved the revised public task document in July 2007.