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The Land Registry Trading Fund (Revocation) Order 2020

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Statutory Instruments

2020 No. 118

Government Trading Funds

The Land Registry Trading Fund (Revocation) Order 2020

Made

4th February 2020

Laid before the House of Commons

5th February 2020

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.  This Order may be cited as the Land Registry Trading Fund (Revocation) Order 2020 and comes into force on the 1st April 2020.

Revocation

2.  The following Orders are revoked—

(a)the Land Registry Trading Fund Order 1993(2);

(b)the Land Registry Trading Fund (Additional Assets) Order 1996(3);

(c)the Land Registry Trading Fund (Extension and Amendment) Order 2003(4);

(d)the Land Registry Trading Fund (Extension and Amendment) Order 2018(5).

Nadhim Zahawi

Parliamentary Under Secretary of State, Minister for Business and Industry

Department for Business, Energy and Industrial Strategy

3rd February 2020

We concur

Mike Freer

David Rutley

Two of the Lords Commissioners of Her Majesty’s Treasury

4th February 2020

EXPLANATORY NOTE

(This note is not part of the Order)

This Order revokes the Land Registry Trading Fund Order 1993, the Land Registry Trading Fund (Additional Assets) Order 1996, the Land Registry Trading Fund (Extension and Amendment) Order 2003 and the Land Registry Trading Fund (Extension and Amendment) Order 2018. As a result, the trading fund established by the 1993 Order ceases to exist.

An impact assessment has not been produced for this instrument as no impact on the business or voluntary sectors or on citizens is foreseen.

An Explanatory Memorandum is available alongside this instrument on www.legislation.gov.uk.

(1)

1973 c.63, sections 1 and 6(1) were amended by the Government Trading Act 1990 (c.30), sections 1(1) and 2(3)(a) respectively.

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