Introductory text

GOVERNMENT TRADING FUNDS

Made 26th April 1994

Coming into force 1st May 1994

Whereas:

(1)

such operations of the department of the government known as Her Majesty’s Stationery Office (“HMSO”) as were described in the Schedule to the HMSO Trading Fund Order 1980^f1are financed by means of a fund established under the Government Trading Funds Act 1973^f2(“the Act”);

(2)

it appears to the Chancellor of the Duchy of Lancaster (being the Minister of the Crown responsible for HMSO) that further operations of HMSO are suitable to be financed by means of a trading fund, and that the financing of those operations by means of a trading fund would be in the interests of the improved efficiency and effectiveness of the management of those operations;

(3)

a draft of this Order extending the funded operations has been laid before the House of Commons and has been approved by a resolution of that House in accordance with section 6(2) of the Act.

Now therefore, the Chancellor of the Duchy of Lancaster, in exercise of the powers conferred on him by sections 1(1) and 6(1) of the Act and all other powers enabling him in that behalf, with the concurrence of the Treasury, hereby makes the following Order:—

Annotations

Footnotes

f1: S.I. 1980/456; the Schedule to the Order was amended by section 5(2)(b) of the Government TradingAct 1990 (c. 30).
f2: 1973 c. 63, as amended by the Government Trading Act 1990 (c. 30). The 1973 Act, as so amended, is set outin Schedule 1 to the 1990 Act. The Act was further amended by section 119 of the Finance Act 1991 (c. 31), andSchedule 22 to the Finance Act 1993 (c. 34).