{
  "url": "https://openlegislation.uk/meteorological-office-trading-fund-order-1996/note",
  "json_url": "https://openlegislation.uk/meteorological-office-trading-fund-order-1996/note.json",
  "legislation": "uksi/1996/774",
  "legislation_title": "The Meteorological Office Trading Fund Order 1996",
  "legislation_url": "https://openlegislation.uk/meteorological-office-trading-fund-order-1996",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nThis Order provides for the setting up as from 1st April 1996 of a fund with public money under the Government Trading Funds Act 1973 (“the 1973 Act”) for the operations of the Ministry of Defence known as the Meteorological Office.\nThe Order designates the Secretary of State for Defence as the authorised lender to the fund. The Order also specifies the assets (estimated at £100 million) and liabilities (estimated at £26 million) which are to be appropriated to the fund, and for 81% of the difference in value between the assets and liabilities to be treated as public dividend capital of the fund. The Order provides that the aggregate of the total amount paid to the fund by way of loan (other than as originating debt), and the total amount issued to the fund as public dividend capital under section 2A(2A) of the 1973 Act, is not to exceed £200 million.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/774/note",
    "retrieved_at": "2026-10-29T12:47:50.939785+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}