| Jurisdiction | UK Non-devolved |
| Citation | SI 1997/668 |
| Year | 1997 |
1997 No. 668
GOVERNMENT TRADING FUNDS
The Vehicle Inspectorate Trading Fund (Appropriation of Additional Assets) Order 1997
Made 6th March 1997
Laid before the House of Commons 10th March 1997
Coming into force 31th March 1997
Whereas:
a trading fund (“the fund”) was established under the Government Trading Funds Act 19731(“the 1973 Act”) by the Vehicle Inspectorate Trading Fund Order 19912(“the principal order”) with effect from 1st April 1991;
the Crown assets and liabilities described in general terms in Schedule 2 to the principal order were appropriated as assets and liabilities of the fund; and
the Secretary of State for Transport (“the Secretary of State”) has, with Treasury concurrence, determined that the additional Crown assets, described in the Schedule to the following Order, are properly attributable to the operations for which the fund was established and suitable to be appropriated to the fund;
Now, therefore, the Secretary of State, in exercise of the powers conferred by sections 1, 2(2), 2(7) and 2A(1) of the 1973 Act, and of 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 Vehicle Inspectorate Trading Fund (Appropriation of Additional Assets) Order 1997 and shall come into force on 31st March 1997.
Interpretation
2. In this Order—
“additional assets” means the Crown assets described in the Schedule to this Order;
“the principal order” means the Vehicle Inspectorate Trading Fund Order 1991; and
“the fund” means the trading fund established by the principal order.
Appropriation of assets to the fund
3. The additional assets shall be appropriated as assets of the fund.
Public dividend capital
4. 50% of the value of the additional assets shall be treated as public dividend capital of the fund.
John Bowis
Parliamentary Under Secretary of State,
Department of Transport
4th March 1997
Patrick McLoughlin
Richard Ottaway
Two of the Lords Commissioners of Her Majesty’s Treasury
6th March 1997
SCHEDULE
Article 2
ADDITIONAL ASSETS
Freehold land and buildings known as—
1. Belvedere Sector Office, 33 Woolwich Road, Belvedere, Kent, DA17 5EE.
2. Bristol Goods Vehicle Testing Station and adjacent buildings, Ashton Vale, Bristol, BS3 2JE.
3. Brigg...
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