Introductory text

GOVERNMENT TRADING FUNDS

Made 9th December 2004

Laid before Parliament 10th December 2004

Coming into force 31st December 2004

Whereas:

1. [1]

   the OGCbuying.solutions Trading Fund ("the Fund") was established under the Government Trading Funds Act 1973^f1 ("the 1973 Act") by the Buying Agency Trading Fund Order 1991^f2 ("the principal Order") with effect from 1st April 1991;

2. [2]

   the Crown assets and liabilities described in general terms in Schedule 2 to the principal Order were appropriated as assets and liabilities of the Fund at the values and amounts specified in that Schedule; and

3. [3]

   the Chancellor of the Exchequer, with Treasury concurrence, has determined that the additional Crown assets and liabilities referred to in Article 2 of this Order are properly attributable to the operations for which the Fund was established and suitable to be appropriated to the Fund;

4. [4]

   Now, therefore, the Chancellor of the Exchequer, in exercise of the powers conferred on him by sections 1, 2(2) and (7) and 6(1) of the 1973 Act and of all other powers enabling him in that behalf, with the concurrence of the Treasury, hereby makes the following Order: