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The Post Office Network Subsidy Scheme (Amendment) Order 2011
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Statutory Instruments
2011 No. 98
Postal Services
The Post Office Network Subsidy Scheme (Amendment) Order 2011
Made
18th January 2011
Coming into force
19th January 2011
The Secretary of State, with the consent of the Treasury, makes the following Order in exercise of the power conferred by section 103 of the Postal Services Act 2000(1).
In accordance with section 122(12) of that Act, a draft of this instrument was laid before Parliament and approved by a resolution of each House of Parliament.
Citation and commencement
1. This Order may be cited as the Post Office Network Subsidy Scheme (Amendment) Order 2011 and shall come into force on the day after the day on which it is made.
Amendment to the Post Office Network Subsidy Scheme Order 2007
2. In paragraph 4(2) of the Schedule to the Post Office Network Subsidy Scheme Order 2007(2), for £160,000,000 substitute £500,000,000.
Edward Davey
Minister for Employment Relations, Consumer and Postal Affairs
Department for Business, Innovation and Skills
13th January 2011
We consent,
Michael Fabricant
Angela Watkinson
Two of the Lords Commissioners of Her Majesty’s Treasury
18th January 2011
EXPLANATORY NOTE
(This note is not part of the Order)
This Order amends the Post Office Network Subsidy Scheme Order 2007 to increase from £160,000,000 to £500,000,000 the maximum annual amount payable by way of subsidy by the Secretary of State to Post Office Limited to assist in the establishment and provision of public post offices by Post Office Limited.
An Impact Assessment (“IA”) has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.
(1)
(2)
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