Explanatory note

This Order amends the Edinburgh Assay Office Order 1979 to increase the membership of the Incorporation of Goldsmiths of the city of Edinburgh from twelve to sixteen members (article 2(b)(i)) and to increase the maximum number of people who are engaged wholly or mainly in trading in, or manufacture of, precious metals who are also permitted to be members of the Incorporation from five to seven (article 2(b)(ii)).

The Order also provides that a person who is engaged wholly or mainly in trading in, or manufacture of, precious metals shall be eligible for appointment as Deacon (article 2(c)) and that up to two such persons can be wardens to the Committee of the Incorporation or, if the Deacon is a trade member, one such person can be a warden(article 2(d)).

The Order adds a new article 23 entitled “Disposal of surplus monies” which permits the Incorporation to use excess funds for the establishment and maintenance of a charitable organisation (article 2(e)).