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The Registers of Scotland Executive Agency Trading Fund Order 1996
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- 1996 No. 1004 (S. 107)
- Article 5
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Limitation of indebtedness
5. The aggregate of—
(a)the total outstanding at any given time in respect of amounts issued to the fund under section 2B(1) of the 1973 Act (other than as originating debt(2)), and
(b)the total at that time constituting public dividend capital issued to the fund under section 2A(2A)(3) of the 1973 Act,
shall not exceed the sum of £40,000,000.
(1)
Section 2B was inserted by section 1 of the Government Trading Act 1990 (c. 30).
(2)
The definition of originating debt is contained in section 1(7) of the 1973 Act.
(3)
Subsection (2A) was inserted by paragraph 3 of Schedule 22 to the Finance Act 1993 (c. 34).
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