(This note is not part of the Order)
Article 2 of this Order confers on the Secretary of State the accounting and reporting functions of the regional development agencies (other than the London Development Agency) under sections 14, 15 and 17 of the Regional Development Agencies Act 1998 in respect of any accounting period commencing after 31st March 2012. The regional development agencies covered by this Order ceased most of their operations on 30th March 2012 and the Secretary of State will take responsibility for producing their final statements of accounts and annual reports.
An impact assessment has not been produced for this Order as it has no impact on businesses or civil society organisations. The Order has a minimal impact on the public sector. The Explanatory Memorandum is published alongside the Order on www.legislation.gov.uk.