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The Companies House Trading Fund (Revocation) Order 2019

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Statutory Instruments

2019 No. 1337

Government Trading Funds

The Companies House Trading Fund (Revocation) Order 2019

Made

8th October 2019

Laid before the House of Commons

15th October 2019

Coming into force

1st April 2020

The Secretary of State, in exercise of the powers conferred by sections 1 and 6(1) of the Government Trading Funds Act 1973(1), with the concurrence of the Treasury, makes the following Order.

Citation and commencement

1.—(1) This Order may be cited as the Companies House Trading Fund (Revocation) Order 2019.

(2) This Order comes into force on 1st April 2020.

Revocation

2.  The instruments specified in the Schedule are revoked to the extent shown in that Schedule.

Kelly Tolhurst

Parliamentary Under Secretary of State

Department for Business, Energy and Industrial Strategy

5th October 2019

We concur

Mike Freer

Colin Clark

Two of the Lords Commissioners of Her Majesty’s Treasury

8th October 2019

Article 2

SCHEDULERevocations

InstrumentReferenceExtent of Revocation
The Companies House Trading Fund Order 1991(2)S.I. 1991/1795The whole Order
The Secretaries of State for Children, Schools and Families, for Innovation, Universities and Skills and for Business, Enterprise and Regulatory Reform Order 2007(3)S.I. 2007/3224Paragraph 16 of the Schedule
The Companies House Trading Fund (Amendment) Order 2009S.I. 2009/2622The whole Order
The Secretary of State for Business, Innovation and Skills Order 2009S.I. 2009/2748Paragraph 14 of the Schedule
The Secretaries of State for Business, Energy and Industrial Strategy, for International Trade and for Exiting the European Union and the Transfer of Functions (Education and Skills) Order 2016S.I. 2016/992Paragraph 16 of the Schedule

EXPLANATORY NOTE

(This note is not part of the Order)

This Order revokes the Companies House Trading Fund Order 1991 (S.I. 1991/1795) and the Companies House Trading Fund (Amendment) Order 2009 (S.I. 2009/2622), as well as provisions of other instruments to the extent to which they amend the 1991 Order, with effect from 1st April 2020. As a result, the trading fund established by the 1991 Order will cease to exist, the operations of Companies House as defined in Schedule 1 to the 1991 Order will cease to be funded by means of a trading fund, and its assets and liabilities will no longer be appropriated to a trading fund. Companies House will remain an Executive Agency of the Department for Business, Energy and Industrial Strategy.

A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.

(1)

1973 c.63, as amended by the Government Trading Act 1990 (c.30). The 1973 Act, as amended, is set out in Schedule 1 to the 1990 Act.

(3)

S.I. 2007/3224, to which there are amendments, but none is relevant to this instrument.

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