2024 No. 52
Crown
The Sovereign Grant Act 2011 (Change of Percentage) Order 2024
Made
Laid before the House of Commons
Coming into force
The Treasury make the following Order in exercise of the powers conferred by section 8(2) of the Sovereign Grant Act 20111.
Citation, commencement and extent1
1
This Order may be cited as the Sovereign Grant Act 2011 (Change of Percentage) Order 2024 and comes into force on 14th February 2024.
2
This Order extends to England and Wales, Scotland and Northern Ireland.
Amendment of the Sovereign Grant Act 20112
In Step 1 of section 6(1) of the Sovereign Grant Act 2011 (determination of the amount of Sovereign Grant)(b), for “25%” substitute “12%”
.
Amanda MillingJoy MorrisseyTwo of the Lords Commissioners of His Majesty’s Treasury
EXPLANATORY NOTE
(This note is not part of the Order)