2014 No. 561
Government Trading Funds
The Buying Agency Trading Fund (Amendment) Order 2014
Made
Laid before the House of Commons
Coming into force
The Minister for the Cabinet Office, in exercise of the powers conferred by sections 1(1) and (7) and 6(1) of the Government Trading Funds Act 19731, with the concurrence of the Treasury, makes the following Order:
Citation and commencement1.
This Order may be cited as the Buying Agency Trading Fund (Amendment) Order 2014 and comes into force on 1st April 2014.
Amendment of the Buying Agency Trading Fund Order 19912.
In article 3 of the Buying Agency Trading Fund Order 19912 (establishment of the fund), for “the Government Procurement Service Trading Fund” substitute “the Crown Commercial Service Trading Fund”.
Revocation of amending Order3.
The Buying Agency Trading Fund (Amendment) Order 20113 is revoked.
Francis Maude
Minister for the Cabinet Office
We concur
Sam Gyimah
Anne Milton
Two of the Lords Commissioners of Her Majesty’s Treasury
EXPLANATORY NOTE
(This note is not part of the Order)
This Order amends the Buying Agency Trading Fund Order 1991.
Article 2 changes the name of the Government Procurement Service Trading Fund to the Crown Commercial Service Trading Fund. This Fund had previously been known, successively, as the Buying Solutions Trading Fund, the OGCbuying.solutions Trading Fund, and the Buying Agency Trading Fund.
Article 3 revokes the previous amending Order that changed the name of the Fund to the Government Procurement Service Trading Fund.