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Statutory Instruments
GOVERNMENT TRADING FUNDS
Made
8th March 2000
Laid before Parliament
8th March 2000
Coming into force
1st April 2000
The Chancellor of the Duchy of Lancaster, in exercise of the powers conferred on her by sections 1(1) and 6(1) of the Government Trading Funds Act 1973(1) and of all other powers enabling her in that behalf, with the concurrence of the Treasury, hereby makes the following Order-
1. This Order may be cited as the Buying Agency Trading Fund (Amendment) Order 2000 and shall come into force on 1st April 2000.
2. In Article 4 of the Buying Agency Trading Fund Order 1991(2) for "the Chancellor of the Duchy of Lancaster" substitute "the Treasury".
Marjorie Mowlam
Chancellor of the Duchy of Lancaster
8th March 2000
We concur
Bob Ainsworth
Greg Pope
Two of the Lords Commissioners of Her Majesty's Treasury
8th March 2000
(This note is not part of the Order)
This Order amends the Buying Agency Trading Fund Order 1991 by substituting in Article 4 a reference to the Treasury for the reference to the Chancellor of the Duchy of Lancaster, thereby making the Treasury the authorised lender to the Fund. The Order is consequential upon the transfer of the Buying Agency from the Cabinet Office to the Office of Government Commerce in the Treasury.
1973 c. 63; the 1973 Act was amended by the Government Trading Act 1990 (c. 30) and the 1973 Act as so amended is set out in Schedule 1 to the 1990 Act; section 2 was further amended by section 119 of the Finance Act 1991 (c. 31) and by section 210 of, and Schedule 22 to, the Finance Act 1993 (c. 34) which amendments are not relevant to this Order.