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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order amends the Buying Agency Trading Fund Order 1991.

Article 2 designates the Minister for the Cabinet Office, instead of the Treasury, as the authorised lender to the Buying Solutions Trading Fund (originally known as the Buying Agency Trading Fund). The amendment is consequential upon the transfer of the Buying Solutions Agency from the Treasury to the Cabinet Office.

Article 3 revokes the earlier amending Order that designated the Treasury in place of the previously designated authorised lender.

A full impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.