Explanatory note

This Order revokes the Driver and Vehicle Licensing Agency Trading Fund Order 2004 and the Driver and Vehicle Licensing Agency Trading Fund (Variation) Order 2005. As a result of their revocation the trading fund established by the 2004 Order ceases to exist and the operations of the Driver and Vehicle Licensing Agency as described in Schedule 1 to the 2004 Order cease to be financed by means of a trading fund and its assets and liabilities are no longer appropriated to a trading fund.

An impact assessment has not been produced for this instrument as no impact on the business or voluntary sectors or on citizens is foreseen.