The Driver and Vehicle Standards Agency Trading Fund Order 2015

1. Introductory Text

2. 1. Citation and Commencement

3. 2. Interpretation

4. 3. Establishment of the fund

5. 4. Name of the fund

6. 5. Source of loans

7. 6. Assets, liabilities, reserves and public dividend capital

8. 7. Maximum borrowing etc.

9. 8. Appointed day for adding to originating debt to the fund

10. 9. Revocation of Orders

11. Signature

12. 1. SCHEDULE 1

       The Funded Operations

       1. 1. The inspection, examination, testing and weighing of road vehicles, their...

       2. 2. The enforcement of laws relating to, or connected with, road...

       3. 3. The provision of authority required for carrying on activities relating...

       4. 4. The promotion of safety and environmental protection in connection with...

       5. 5. The funding and support, in accordance with the terms and...

       6. 6. The provision of persons appointed as officers and servants of...

       7. 7. Contributing to any government policy to develop partnerships with other...

       8. 8. The conduct of tests of competence to drive a motor...

       9. 9. The supervision of the provision of tests of competence to...

       10. 10. The supervision of the provision of compulsory basic training for...

       11. 11. The administration of the register of approved driving instructors.

       12. 12. The revision of the Highway Code.

       13. 13. The promotion of safe driving standards in so far as...

       14. 14. Operations incidental, conducive or otherwise ancillary to the foregoing.

    2. SCHEDULE 2

       Assets and Liabilities

       1. ASSETS

          1. Land and buildings, as at 1st April 2015, used or...

          2. Equipment, vehicles, fixtures, furniture, fittings and computer hardware and software,...

          3. Intangible assets, including intellectual property, arising from the funded operations...

          4. Current assets as at 1st April 2015 used or allocated...

       2. LIABILITIES

          1. Current liabilities, as at 1st April 2015, in relation to...

    3. SCHEDULE 3

       Revocations

13. Explanatory Note