Introductory text
GOVERNMENT TRADING FUNDS
Made 13th January 1992
Laid before Parliament 20th January 1992
Coming into force 10th February 1992
Whereas:
The Crown assets andliabilities described in general terms in Schedule 2 to the principal order were appropriated as assets and liabilities of the fund at the values and amounts specified in that Schedule;
the Chancellor of the Exchequer has, with Treasury concurrence, determined that additional Crown assets and liabilities not previously appropriated to the fund by the principal order are properly attributable to the funded operations and suitable to be appropriated to the fund; and
a valuation of those assets and liabilities as at 1 April 1991 which was carried out subsequently to that date necessitates the variation of the values and amounts specified in Schedule 2 to the principal order:
Now the refore, the Chancellor of the Exchequer, in exercise of the powers conferred on him by section 1, 2(2) and 6(1) of the 1973 Act and of all other powers enabling him in that behalf, with the concurrence of the Treasury, hereby makes the following Order:–
Annotations
Footnotes
- f1
-
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).
- f2