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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Crown Agents (Additional Powers) Order 1990 No. 2303 URL: http://www.bailii.org/uk/legis/num_reg/1990/uksi_19902303_en.html |
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Statutory Instruments
CROWN AGENTS FOR OVERSEA GOVERNMENTS AND ADMINISTRATIONS
Made
12th November 1990
Coming into force
12th November 1990
The Secretary of State, in exercise of the powers conferred on him by sections 5(5) and 5(6) of the Crown Agents Act 1979(1) and now vested in him(2) and of all other powers enabling him in that behalf, hereby makes the following Order, a draft of which has been laid before Parliament and has been approved by resolution of each House of Parliament:
1.-(1) This Order may be cited as the Crown Agents (Additional Powers) Order 1990 and shall come into force forthwith.
(2) In this Order, unless the context otherwise requires-�
"the Act" means the Crown Agents Act 1979;
"the Crown Agents" means the body corporate established by the Act;
"person" means any person (including any body of persons corporate or unincor-porate) other than a scheduled authority or body.
2. Subject to article 3 below, the Crown Agents shall have power to carry on in their own right anywhere in the world any of the following activities:
(1) Providing to any person any of the following services-�
(a)Services mentioned in section 5(2) paragraphs (a) to (j) inclusive of the Act;
(b)Acting as a registrar, and performing related functions, for the purpose of any loan raised by any person;
(c)Procuring movable property of any kind being property required by any person and selling such property to any such person who requires it;
(d)Assembling, installing, commissioning or maintaining any of the equipment procured and sold in pursuance of sub-paragraph (c);
(e)Providing credit on commercial terms in connection with the sale of any movable property in pursuance of sub-paragraph (c).
(2) (a) Procuring movable property of any kind, being property for which the Crown Agents anticipate a demand on the part of any person and selling any such property to any such person or to any other person or to a scheduled authority or body;
(b)Providing credit on commercial terms in connection with the sale of any movable property in pursuance of sub-paragraph (a).
3. The exercise of powers granted under articles 2(1)(c), (d) and (e) and 2(2)(a) and (b) of this Order shall be conditional upon the consent of the Secretary of State.
Douglas Hurd
One of Her Majesty's Principal Secretaries of State
12th November 1990
(This note is not part of the Order)
This Order enables Crown Agents to provide a range of services in their own right to the private sector which could previously only be provided to public bodies. In certain instances (which are the same as those specified in the Crown Agents Act 1979 in respect of a similar range of services to public bodies) the provision of these services is conditional upon the consent of the Secretary of State.
Article 2(1) of the Ministry of Overseas Development (Dissolution) Order 1979 (S.I. 1979/1451).
