The Driving Standards Agency Trading Fund (Maximum Borrowing) Order 2006
| Jurisdiction | UK Non-devolved |
| Citation | SI 2006/623 |
| Year | 2006 |
UNITED KINGDOM STATUTORY INSTRUMENT
2006 No. 623
GOVERNMENT TRADING FUNDS
The Driving Standards Agency Trading Fund (Maximum Borrowing) Order 2006
Made 7th March 2006
Laid before Parliament 10th March 2006
Coming into force 1st April 2006
The Secretary of State for Transport makes this Order, with the concurrence of the Treasury, in exercise of the powers conferred by sections 1 and 2C of the Government Trading Funds Act 19731.
1. This Order may be cited as the Driving Standards Agency Trading Fund (Maximum Borrowing) Order 2006 and shall come into force on the 1st. April 2006.
2. In article 6 of the Driving Standards Agency Trading Fund Order 19972“£70,000,000” shall be substituted for “£30,000,000”.
Stephen Ladyman
Minister of State
Department for Transport
1st March 2006
Vernon Coaker/ Dave Watts
Two of the Lords Commissioners of Her Majesty’s Treasury
7th March 2006
(This note is not part of the Order)
The Driving Standards Agency Trading Fund was established by the Driving Standards Agency Trading Fund Order 1997 on 1st April 1997.
This Order increases the maximum that that Fund may borrow from £30,000,000 to £70,000,000.
A full Regulatory Impact Assessment has not been produced for this instrument as it has no impact on the costs of business.
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