The Scotland Act 1998 (Designation of Receipts) Order 2004
Citation and commencement1.
This Order may be cited as the Scotland Act 1998 (Designation of Receipts) Order 2004 and shall come into force on 20th April 2004.
Designated receipts2.
(1)
Receipts of any description specified in paragraph (2) below, so far as they are payable into the Scottish Consolidated Fund (or would be but for provision made by or under an Act of the Scottish Parliament), shall be designated receipts for the purposes of subsections (5) to (7) of section 64 of the Scotland Act 1998.
(2)
The specified descriptions of receipts are—
(a)
fines and forfeitures,
(b)
(i)
(ii)
which were committed in the area of a local authority or joint police board in Scotland that has entered into an agreement with the Scottish Ministers in pursuance of which it receives payments under section 46(1) of that Act (power to provide funds for speed cameras etc.),
(c)
dividends on public dividend capital,
(d)
interest, other than interest on—
(i)
(ii)
£1,555,554 of 6% Convertible Unsecured Loan Stock dated 23rd February 2001, held in Partnerships (UK) Limited, and
(e)
Repeal3.
This Order specifies the receipts of the Scottish Ministers and other office holders in the Scottish Administration that are to be designated receipts. Under the Scotland Act 1998 the Scottish Ministers must pay to the Secretary of State sums equal to the amount of the designated receipts. It revokes the Scotland Act 1998 (Designation of Receipts) Order 2000.