# The Buying Agency Trading Fund Order 1991, Note: Explanatory note


(This note is not part of the Order)
This Order provides for setting up a trading fund established withpublic money to finance the operations of the Buying Agency. Itdesignates the Secretary of State as the authorised lender to the fund,imposes a limit of £10 million on the sums that may be issuedto the fund by way of loan, and provides that part of the capital of thetrading fund amounting to £100,000 is to be public dividendcapital. Schedule 1 describes the operations in question, and Schedule 2the assets and liabilities that are appropriated to the fund togetherwith their values and amounts.

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Source: https://www.legislation.gov.uk/uksi/1991/875/note (the official version)
Page: https://openlegislation.uk/buying-agency-trading-fund-order-1991/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.