The Transport Holding Company (Capital Debts) (Revocations) (England and Wales) Order 2013
S.I. 2013/2844 · Made 28 October 2013
Transport
Made 28th October 2013
Laid before the House of Commons 7th November 2013
Coming into force 20th December 2013
The Secretary of State, with the approval of the Treasury, makes the following Order in exercise of the powers conferred by sections 53(5) and 157 of the Transport Act 1968f1 and now vested in the Secretary of Statef2.
Annotations to the whole text
Footnotes
- f1
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1968 c. 73. Section 53(5) is modified by section 1(4) of the Transport Holding Company Act 1972 (c. 14) to include a power to extinguish the company’s commencing capital debt. Section 157 is amended by the Statute Law (Repeals) Act 2004 (c. 14). The approval of the Treasury is required by section 53(8) of the Transport Act 1968.
- f2
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The Secretary of State for the Environment Order 1970 (S.I. 1970/1681, article 2(1)) transferred functions from the Minister of Transport to the Secretary of State and the Secretary of State for the Environment. The Secretary of State for Transport Order 1976 (S.I. 1976/1775, article 2) transferred transport functions exercised by the Secretary of State for the Environment to the Secretary of State for Transport. The Minister of Transport Order 1979 (S.I. 1979/571, article 2(1)) transferred functions of the Secretary of State for Transport to the Minister of Transport. The Transfer of Functions (Transport) Order 1981 (S.I. 1981/238, article 2) transferred functions of the Minister of Transport to the Secretary of State for Transport. The Secretary of State for the Environment, Transport and the Regions Order 1997 (S.I. 1997/2971, article 3) transferred the functions of the Secretary of State for Transport to the Secretary of State for the Environment, Transport and the Regions. The Secretaries of State for Transport, Local Government and the Regions and for Environment, Food and Rural Affairs Order 2001 (S.I. 2001/2568, article 7) transferred the functions of the Secretary of State for the Environment, Transport and the Regions to the Secretary of State for Transport, Local Government and the Regions. The Transfer of Functions (Transport, Local Government and the Regions) Order 2002 (S.I. 2002/2626, article 14) transferred functions of the Secretary of State for Transport, Local Government and the Regions to the First Secretary of State. The Transfer of Functions (Miscellaneous) Order 2008 (S.I. 2008/1034, article 6) transferred the functions of the First Secretary of State that were the functions of the Secretary of State for Transport immediately before the coming into force of SI 1997/2971, to the Secretary of State. Article 7 transferred any function of the First Secretary of State not transferred by any other provision of the Order to the Secretary of State.
Contents
1Citation, commencement and extent
This Order may be cited as the Transport Holding Company (Capital Debts) (Revocations) (England and Wales) Order 2013 and comes into force on 20th December 2013.
This Order extends to England and Wales onlyf1.
2Revocations
Signature
Signed by authority of the Secretary of State for Transport
Stephen Hammond
Parliamentary Under Secretary of State
Department for Transport
20th October 2013
We approve the making of this Order
Stephen Crabb
David Evennett
Two of the Lords Commissioners
of Her Majesty’s Treasury
28th October 2013
Explanatory note
(This note is not part of the Order)
This Order revokes in England and Wales two instruments which reduced the commencing capital debt of the Transport Holding Company, and the Order which extinguished that debt. The Transport Holding Company was established under the Transport Act 1962 to take over administration of the state owned transport interests in shipping, travel and road transport from the British Transport Commission. The Transport Holding Company was dissolved on 31st March 1973.
A full regulatory impact assessment has not been produced for this instrument as no impact on the private, public or voluntary sectors is foreseen. The Explanatory Memorandum is published alongside the instrument on www.legislation.gov.uk.