  We carry out a Lie group analysis of the Sachs equations for a time-dependent
axisymmetric non-rotating space-time in which the Ricci tensor vanishes. These
equations, which are the first two members of the set of Newman-Penrose
equations, define the characteristic initial-value problem for the space-time.
We find a particular form for the initial data such that these equations admit
a Lie symmetry, and so defines a geometrically special class of such
spacetimes. These should additionally be of particular physical interest
because of this special geometric feature.
