1991 No. 858
The Public Lending Right (Increase of Limit) Order 1991
Made
Coming into force
Whereas a draft of this Order has been laid before the House ofCommons in accordance with section 2(3) of the Public Lending Right Act19791 and has been approved by a resolution of that House:
Now, therefore, the Lord President of the Council, in exercise of thepowers conferred by the said section 2(3) and now vested in him2, and with the consent of the Treasury, hereby makes thefollowing Order:—
1
This Order may be cited as the Public Lending Right (Increase ofLimit) Order 1991 and shall come into force on 1 April 1991.
2
The limit on the sums to be paid under section 2(2) of the PublicLending Right Act 1979 out of money provided by Parliament into theCentral Fund to satisfy the liabilities of any one financial year of theFund shall, in respect of any financial year beginning after 31st March1991, be increased to £4.75 million less the total of any sumspaid in that year, out of money so provided, under paragraph 2 of theSchedule to that Act (pay, pension, etc of Registrar).
(This note is not part of the Order)