Explanatory note

This Order provides for setting up a trading fund established withpublic money to finance the operations of the Central Office ofInformation. It designates the National Loans Fund as the authorisedlender to the fund, imposes a limit of £100 million on thesums that may be issued to the fund by way of loan, and provides thatpart of the capital of the trading fund amounting to £265,000is to be public dividend capital. Schedule 1 describes the operations inquestion, and Schedule 2 the assets and liabilities that areappropriated to the fund and their values and amounts.