Introductory text

The Secretary of State for International Development makes the following Order in exercise of the power conferred by paragraph 23(1) of Schedule 5 to the Crown Agents Act 1979^f1 (“the Act”) and now vested in him^f2.

In accordance with paragraph 23(1) of Schedule 5 to the Act it appears to the Secretary of State that the duties of the Crown Agents Holding and Realisation Board under section 25(3)(a) and (c) of that Act have been substantially discharged.

In accordance with paragraph 23(1) of Schedule 5 to the Act, this Order is made with the approval of the Treasury.

In accordance with paragraph 23(3) of Schedule 5 to the Act, a draft of this Order has been laid before Parliament and approved by a resolution of each House.