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The Vehicle Inspectorate Trading Fund (Appropriation of Additional Assets) Order 1997

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Citation and commencement

1.  This Order may be cited as the Vehicle Inspectorate Trading Fund (Appropriation of Additional Assets) Order 1997 and shall come into force on 31st March 1997.

Interpretation

2.  In this Order—

“additional assets” means the Crown assets described in the Schedule to this Order;

“the principal order” means the Vehicle Inspectorate Trading Fund Order 1991; and

“the fund” means the trading fund established by the principal order.

Appropriation of assets to the fund

3.  The additional assets shall be appropriated as assets of the fund.

Public dividend capital

4.  50% of the value of the additional assets shall be treated as public dividend capital of the fund.

Signed by authority of the Secretary of State for Transport

John Bowis

Parliamentary Under Secretary of State,

Department of Transport

4th March 1997

We concur

Patrick McLoughlin

Richard Ottaway

Two of the Lords Commissioners of Her Majesty’s Treasury

6th March 1997

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