The Foreign Compensation (Financial Provisions) Order 1990

Made14th March 1990

Laid before Parliament15th March 1990

Coming into force30th March 1990

At the Court at Buckingham Palace, the 14th day of March 1990

Present,

The Queen’s Most Excellent Majesty in Council

Her Majesty, by virtue and in exercise of the powers conferred upon Her in that behalf by section 7(2) of the Foreign Compensation Act 19501 or otherwise in Her Majesty vested, is pleased, by and with the advice of Her Privy Council, to order, and it is hereby ordered, as follows:

1.

This Order may be cited as the Foreign Compensation (Financial Provisions) Order 1990 and shall come into force on 30th March 1990.

2.

The Foreign Compensation Commission shall pay into the Consolidated Fund not later than 31st March 1990 out of the compensation funds named in Column 1 of the Schedule to this Order the amounts specified in Column 2 of the Schedule which are hereby determined to be the amounts of the expenses of the Commission during the periods specified in Column 3 of the Schedule attributable to the discharge by the Commission of their functions in relation to the distribution of sums from those compensation funds.

G. I. de Deney

Clerk of the Privy Council

SCHEDULE

(1)	(2)	(3)
Name of Fund	Amount	Period
The Union of Soviet Socialist Republics (Tsarist Assets) Fund	836,912	1st October 1988
		30th September 1989
The People’s Republic of China Fund	990,773	1st October 1988
		30th September 1989

(This note is not part of the Order)

This Order, which is made under section 7(2) of the Foreign Compensation Act 1950, directs the Foreign Compensation Commission to pay into the Consolidated Fund, out of the funds paid to the Commission for the purpose of being distributed under the said Act, an amount in respect of the Commission’s expenses in relation to those funds during the periods specified in the Schedule to the Order.