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The Queen Elizabeth II Conference Centre Trading Fund (Variation) Order 2021

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Statutory Instruments

2021 No. 666

Government Trading Funds

The Queen Elizabeth II Conference Centre Trading Fund (Variation) Order 2021

Made

4th June 2021

Laid before Parliament

8th June 2021

Coming into force

29th June 2021

The Queen Elizabeth II Conference Centre Trading Fund was established under the Government Trading Funds Act 1973(1) (“the 1973 Act”) by the Queen Elizabeth II Conference Centre Trading Fund Order 1997(2) (“the 1997 Order”) with effect from 1st April 1997.

The Secretary of State for Housing, Communities and Local Government has determined that article 5 of the 1997 Order should be varied so that the maximum borrowing amount specified therein is increased.

The Secretary of State in exercise of powers conferred by sections 1(1), 2C(1) and 6(1) of the 1973 Act, and with the concurrence of the Treasury, makes the following Order.

(1)

1973 c. 63. Sections 1 and 2 were substituted, and section 6 was amended, by the Government Trading Act 1990 (c. 30). Section 2 was amended further by the Finance Act 1991 (c. 31) and the Finance Act 1993 (c. 34).

(2)

S.I. 1997/933. Article 2(2) of, and Schedule 1 to, that Order were amended by the Queen Elizabeth II Conference Centre Trading Fund (Variation) Order 2002 (S.I. 2002/1951). The reference to the Office of the Deputy Prime Minister in article 2(2) of the Order was modified under machinery of Government changes (so it is now a reference to the Ministry of Housing, Communities and Local Government) by article 8(7) of S.I. 2006/1926 and article 10(3) and (5) of S.I. 2018/378.

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