Fire Service College Trading Fund Order 1992
| Jurisdiction | UK Non-devolved |
| Citation | SI 1992/640 |
| Year | 1992 |
1992 No. 640
GOVERNMENT TRADING FUNDS
The Fire Service College Trading Fund Order 1992
Made 10th March 1992
Coming into force 1st April 1992
Whereas—
(1) It appears to the Secretary of State for the Home Department (“the Secretary of State”) that:—
(a) the operations of the Fire Service College under section 23 of the Fire Services Act 19471(being operations of the Home Department) are suitable to be financed by means of a fund established under the Government Trading Funds Act 19732(“the 1973 Act”) and, in particular, to be so managed that the revenue of the fund would consist principally of receipts in respect of goods or services provided in the course of the operations in question, and
(b) the financing of the operations in question by means of such a fund would be in the interests of the improved efficiency and effectiveness of the management of those operations;
(2) In accordance with sections 1(3) and 6(4) of the 1973 Act, the Secretary of State has taken such steps as appear to him appropriate to give an opportunity to such persons as appear to him appropriate to make representations to him and has laid before Parliament a report about the representations received and his conclusions;
(3) In accordance with section 2 of the 1973 Act, the Secretary of State has determined with the concurrence of the Treasury that the assets and liabilities set out in the Schedule to this Order are properly attributable to the operations for which a fund is to be established and are suitable to be appropriated to that fund;
(4) In accordance with section 6(2) of the 1973 Act, a draft of this Order has been laid before the House of Commons and has been approved by a resolution of that House;
Now, therefore, the Secretary of State, in exercise of the powers conferred upon him by sections 1, 2, 2A and 2B(6)3of the 1973 Act, and all other powers enabling him in that behalf, with the concurrence of the Treasury, hereby makes the following order:
Citation and Commencement
1. This Order may be cited as the Fire Service College Trading Fund Order 1992 and shall come into force on 1st April 1992.
Establishment of the Fund
2. A trading fund for the operations of the Fire Service College under section 23 of the Fire Services Act 1947 shall be established as from 1st April 1992.
Source of loans
3. The Secretary of State for the Home Department is hereby designated as the source of issues to the fund by way of loan.
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