# The Medicines Control Agency Trading Fund Order 1993, Article 4: Assets, liabilities and public dividend capital


(1) The Crown assets and liabilities set out in Parts I and II respectively of Schedule 2 to this Order shall be appropriated as assets and liabilities respectively of the fund, at values or amounts determined by the Secretary of State for Health in accordance with Treasury directions.
(2) 50 per cent of the amount by which the values of those assets exceed the amounts of those liabilities shall be treated as public dividend capital.

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Source: https://www.legislation.gov.uk/uksi/1993/751/article/4 (the official version)
Page: https://openlegislation.uk/medicines-control-agency-trading-fund-order-1993/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.