# The Meteorological Office Trading Fund (Maximum Borrowing) Order 2019

S.I. 2019/927 · made 12 May 2019

The Meteorological Office Trading Fund was established by the Meteorological Office Trading Fund Order 1996 on 1st April 1996.

Made under: Government Trading Funds Act 1973 (Section 1, Section 2C)

PDFs: Printed copy https://openlegislation.uk/meteorological-office-trading-fund-maximum-borrowing-order-2019/pdf/uksi_20190927_en.pdf; Revised UK Explanatory Memorandum https://openlegislation.uk/meteorological-office-trading-fund-maximum-borrowing-order-2019/pdf/uksiem_20190927_en_001.pdf; UK Explanatory Memorandum https://openlegislation.uk/meteorological-office-trading-fund-maximum-borrowing-order-2019/pdf/uksiem_20190927_en.pdf

## Introductory text

Government Trading Funds
Made 12th May 2019
Laid before Parliament 15th May 2019
Coming into force 5th June 2019
The Secretary of State, with the concurrence of the Treasury, makes the following Order, in exercise of the powers conferred by sections 1 and 2C of the Government Trading Funds Act 1973.

## 1 Citation and commencement

This Order may be cited as the Meteorological Office Trading Fund (Maximum Borrowing) Order 2019 and come into force on 5th June 2019.

## 2 Amendment of maximum borrowing limit

In article 5 of the Meteorological Office Trading Fund Order 1996 for “£200,000,000”, substitute “£300,000,000”.

## Signature

Chris Skidmore
Parliamentary Under Secretary of State
Department for Business, Energy and Industrial Strategy
12th May 2019
We concur
Mike Freer
Paul Maynard
Two of the Lords Commissioners of Her Majesty’s Treasury
9th May 2019

## Explanatory note

(This note is not part of the Order)
The Meteorological Office Trading Fund was established by the Meteorological Office Trading Fund Order 1996 on 1st April 1996.
This Order increases the maximum that the Meteorological Office Trading Fund may borrow from £200,000,000 to £300,000,000.
An Impact Assessment has not been produced for this instrument because it has no impact on business, charities or voluntary bodies.

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Source: https://www.legislation.gov.uk/uksi/2019/927 (the official version)
Page: https://openlegislation.uk/meteorological-office-trading-fund-maximum-borrowing-order-2019
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.