The Vehicle Inspectorate Trading Fund (Variation) Order 1992

Made: 4th March 1992

Laid before Parliament: 10th March 1992

Coming into force: 1st April 1992

NOW THEREFORE the Secretary of State for Transport, in exercise of the powers conferred on him by section 1, 2(7) and 6(1) of the Government Trading Fund Act 1973 and all other enabling powers, with the concurrence of the Treasury, hereby makes the following Order:—

1

This Order may be cited as the Vehicle Inspectorate Trading Fund (Variation) Order 1992 and shall come into force on 1st April 1992.

2

The Vehicle Inspectorate Trading Fund Order 1991 shall be varied by substituting for Schedule 2 to that Order the Schedule set out in the Schedule to this Order.

THE SCHEDULE

Signed

Malcolm Rifkind — Secretary of State for Transport — 27th February 1992

We concur

Irvine Patnick — Nicholas Baker — Two of the Lord’s Commissioners of Her Majesty’s Treasury — 4th March 1992

Explanatory note

(This note is not part of the Order)

The Vehicle Inspectorate Trading Fund was established under the Government Trading Fund Act 1973 with effect from the 1st April 1991. At the time of establishment a final valuation of the assets and liabilities as at 1st April 1991 appropriated to the fund by the Order had not been carried out. As a consequence of the subsequent final valuation this Order varies the Vehicle Inspectorate Trading Fund Order 1991 by substituting corrected values for the assets and liabilities so appropriated for the values and amounts specified in Schedule 2 to the 1991 Order.

Footnotes

[^f00001]: 1973 c. 63. The 1973 Act was amended by the Government Trading Act 1990 (c. 30) and the 1973 Act as so amended is set out in Schedule 1 to the 1990 Act. Section 2 was further amended by section 119 of the Finance Act 1991 (c. 31).

[^f00002]: S.I. 1991/773.