Introductory text

United Kingdom

GOVERNMENT TRADING FUNDS

Made 11th March 1997

Coming into force 1st April 1997

Whereas a draft of this Order has been laid before the House of Commons in accordance with section 6(2) of the Government Trading Funds Act 1973^f1 (“the 1973 Act”) and approved by a resolution of that House;

Now therefore, the Secretary of State in exercise of powers conferred on him by sections 1(1) and 6(1) of the 1973 Act and of all other powers enabling him in that behalf, having taken such steps as appear to him appropriate to give an opportunity to such persons as appear to him appropriate to make representations to him in accordance with section 1(3) of the 1973 Act and having, in accordance with section 6(4) of the 1973 Act, laid before Parliament a report about the representations received and his conclusions, and with the concurrence of the Treasury in accordance with section 1(2) of that Act, makes the following Order:—

Annotations

Footnotes

f1: 1973 c. 63; as amended by the Government Trading Act 1990 (c. 30). The 1973 Act as amended is set out in Schedule 1 to the 1990 Act. Section 2 of the 1973 Act as so amended was further amended by section 119 of the Finance Act 1991 (c. 31).