# The Buying Agency Trading Fund (Variation) Order 1992, Introduction: Introductory text


GOVERNMENT TRADING FUNDS
Made 22nd January 1992
Laid before Parliament 31st January 1992
Coming into force 21st February 1992
Whereas:
(1) the Buying Agency Trading Fund was established under the GovernmentTrading Funds Act 1973 ( “the 1973 Act”) by the Buying Agency Trading Fund Order 1991 ( “the principal order”) with effect from 1st April 1991;
(2) the Crown assets and liabilities described in general terms inSchedule 2 to the principal order were appropriated as assets andliabilities of the fund at the values and amounts specified in thatSchedule; and
(3) a valuation of those assets and liabilities as at 1st April 1991which was carried out subsequently to that date necessitates thevariation of the values and amounts specified in Schedule 2 to theprincipal order: Now therefore, the Secretary of State, in exercise ofthe powers conferred on him by sections 1 and 6(1) of the 1973 Act andof all other powers enabling him in that behalf, with the concurrence ofthe Treasury, hereby makes the following Order:—

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Source: https://www.legislation.gov.uk/uksi/1992/123/introduction (the official version)
Page: https://openlegislation.uk/buying-agency-trading-fund-variation-order-1992/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.