# The Driver & Vehicle Testing Agency Trading Fund Order (Northern Ireland) 1996, Note: Explanatory note

Extent: N.I.

(This note is not part of the Order.)
This Order provides for setting up a trading fund established with public money to finance the operations of the Driver & Vehicle Testing Agency. It designates the Department of the Environment as the authorised lender to the fund, imposes a limit of £10 million on the sums that may be issued to the fund by way of loan, and provides that part of the capital of the trading fund amounting to £2.1 million is to be public dividend capital.
Schedule 1 describes the operations in question, and Schedule 2 the assets and liabilities that are appropriated to the fund and their values and amounts.

---
Source: https://www.legislation.gov.uk/nisr/1996/32/note (the official version)
Page: https://openlegislation.uk/driver-vehicle-testing-agency-trading-fund-order-northern-ireland-1996/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.