http://www.legislation.gov.uk/wsi/2004/1826/madeThe Welsh Development Agency (Financial Limit) Order 2004Economic developmentEfficiencyInternational development and aidKing's Printer of Acts of Parliament2011-07-05ECONOMIC DEVELOPMENT, WALESThe Welsh Development Agency is an executive Assembly Sponsored Public Body which was established by the Welsh Development Agency Act 1975 for the purposes of furthering the economic and social development of Wales, promoting efficiency in business and international competitiveness in Wales and furthering the improvement of the environment in Wales.The Welsh Development Agency (Financial Limit) Order 2004Gorchymyn Awdurdod Datblygu Cymru (Terfyn Ariannol) 2004OrderThe Welsh Development Agency (Transfer of Functions to the National Assembly for Wales and Abolition) Order 2005Gorchymyn Awdurdod Datblygu Cymru (Trosglwyddo Swyddogaethau i Gynulliad Cenedlaethol Cymru a Diddymu) 2005Sch. 2 Pt. 2art. 3art. 1(1)2(1)Welsh Statutory Instruments2004 No. 1826 (W.202)ECONOMIC DEVELOPMENT, WALESThe Welsh Development Agency (Financial Limit) Order 2004Made14 July 2004Coming into force1 August 2004

The National Assembly for Wales makes the following Order in exercise of the power conferred on the Secretary of State by section 18(3) of the Welsh Development Agency Act 1975

1975 (c. 70); section 18 was amended by section 1 of the Industry Act 1979 (c. 32), by sections 5(1) and 21 of and Schedule 2 to the Industry Act 1980 (c. 33), and by section 1 of the Welsh Development Agency Act 1997 (c. 37).

, which is now vested in it

See the National Assembly for Wales (Transfer of Functions) Order 1999 (S.I. 1999/672).

:

Name and commencement1.

The name of this Order is the Welsh Development Agency (Financial Limit) Order 2004 and it comes into force on 1 August 2004.

Increase in financial limit2.

For the purposes of section 18(3) of the Welsh Development Agency Act 1975 (finances of the Agency) the limit is specified as £3,000 million.

Signed on behalf of the National Assembly for Wales under section 66(1) of the Government of Wales Act 1998

1998 c. 38.

.

D. Elis-ThomasThe Presiding Officer of the National Assembly14 July 2004(This note is not part of the Order)

The Welsh Development Agency is an executive Assembly Sponsored Public Body which was established by the Welsh Development Agency Act 1975 for the purposes of furthering the economic and social development of Wales, promoting efficiency in business and international competitiveness in Wales and furthering the improvement of the environment in Wales.

Subsection 18(3) of the 1975 Act specifies the Agency’s financial limit, and provides for that limit to be increased by order. This Order increases the limit from £2,000 million to £3,000 million.