2009 No. 537
The Scotland Act 1998 (Designation of Receipts) Order 2009
Made
Laid before the House of Commons
Coming into force
The Treasury, after consultation with the Scottish Ministers, make this Order in exercise of the powers conferred on them by sections 64(5) and 115 of, and Schedule 7 to, the Scotland Act 19981.
Citation and commencement1
This Order may be cited as the Scotland Act 1998 (Designation of Receipts) Order 2009 and shall come into force on 31st March 2009.
Designated receipts2
1
Receipts of any description specified in paragraph (2) below, so far as they are payable into the Scottish Consolidated Fund (or would be but for provision made by or under an Act of the Scottish Parliament), shall be designated receipts for the purposes of subsections (5) to (7) of section 64 of the Scotland Act 1998.
2
The specified descriptions of receipts are —
a
forfeitures and fixed penalties;
b
fines, other than amounts equal to expenses which were—
i
incurred in connection with justice of the peace business; and
ii
defrayed from fines imposed in proceedings in justice of the peace courts2.
c
dividends on public dividend capital;
d
interest, other than interest on—
i
any loan that was provided by Scottish Homes under section 2(2) of the Housing (Scotland) Act 19883;
ii
£1,555,554 of 6% Convertible Unsecured Loan Stock dated 23rd February 2001, held in Partnerships (UK) Limited; and
iii
any voted loans issued by the Scottish Executive since 1st June 1999.
Revocation3
The Scotland Act 1998 (Designation of Receipts) Order 20044 is revoked.
(This note is not part of the Order)