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The Post Office Network Subsidy Scheme (Amendment) Order 2024

Draft. This instrument was laid in draft and may differ from the one made. Look for the made version under its title.

Draft 2024, ISBN 9780348255010

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Draft Order laid before Parliament under section 122(12) of the Postal Services Act 2000 (c. 26), for approval by resolution of each House of Parliament.

POSTAL SERVICES

Made

Coming into force

The Secretary of State, with the consent of the Treasury, makes this Order in exercise of the powers conferred by section 103 of the Postal Services Act 2000f1.

In accordance with section 122(12) of that Act, a draft of this instrument was laid before Parliament and approved by a resolution of each House of Parliament.

Annotations to the whole text

Footnotes

f1

2000 c.26.

Contents

  1. 1Citation, commencement and extent
  2. 2Amendment to the Post Office Network Subsidy Scheme Order 2007
  3. Signature
  4. Explanatory note

1Citation, commencement and extent

(1)

This Order may be cited as the Post Office Network Subsidy Scheme (Amendment) Order 2024 and comes into force on the day after the day on which it is made.

(2)

This Order extends to England and Wales, Scotland and Northern Ireland.

2Amendment to the Post Office Network Subsidy Scheme Order 2007

In paragraph 4(2) of the Schedule to the Post Office Network Subsidy Scheme Order 2007f1, for “£500,000,000” substitute “£750,000,000”.

Signature

Name

Title

Department for Business and Trade

Name

Name

Two of the Lords Commissioners of His Majesty's Treasury

Explanatory note

(This note is not part of the Order)

This Order amends the Post Office Network Subsidy Scheme Order 2007 to increase from £500,000,000 to £750,000,000 the maximum annual amount payable by way of subsidy from the Secretary of State to Post Office Limited to assist in the establishment and provision of public post offices by Post Office Limited.

An Impact Assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.