Article 2 Designated receiptsI1

United Kingdom

(1)

Receipts of any description specified in paragraph (2) below, so far as they are payable into the Scottish Consolidated Fund (or would be but for provision made by or under an Act of the Scottish Parliament), shall be designated receipts for the purposes of subsections (5) to (7) of section 64 of the Scotland Act 1998.

F1(2)

The specified descriptions of receipts are—

(a)

dividends on public dividend capital;

(b)

interest, other than interest on—

(i)

any loan that was provided by Scottish Homes under section 2(2) of the Housing (Scotland) Act 1988^f1; and

(ii)

any voted loans issued by the Scottish Government since 1st June 1999.

Annotations

Textual amendments

F1: Art. 2(2) substituted (31.3.2018) by The Scotland Act 1998 (Designation of Receipts) (Amendment) Order 2017 (S.I. 2017/1258), arts. 1, 3

Commencement

I1: Art. 2 in force at 31.3.2009, see art. 1

Footnotes

f1: 1988 c.43; section 2(2) was amended by the Housing (Scotland) Act 2001 (asp 10), section 112 and Schedule 10, paragraph 14. The Housing (Scotland) Act 2001 (Transfer of Scottish Homes Property and Liabilities) Order 2003 (S.S.I. 2003/532) transferred all the rights and interests of Scottish Homes in relation to such loans to the Scottish Ministers.