The HMSO Trading Fund (Amendment) Order 1994

Made: 26th April 1994

Coming into force: 1st May 1994

Now therefore, the Chancellor of the Duchy of Lancaster, in exercise of the powers conferred on him by sections 1(1) and 6(1) of the Act and all other powers enabling him in that behalf, with the concurrence of the Treasury, hereby makes the following Order:—

1

This Order may be cited as the HMSO Trading Fund (Amendment) Order 1994 and shall come into force on 1st May 1994.

2

The Schedule to the HMSO Trading Fund Order 1980 shall be amended by substituting for paragraph (a) the following paragraph:

(a) the procurement and production of printing and the supply of stationery and office machinery and related services for Parliament, Government departments, local authorities, nationalised industries and other parts of the public services and for bodies of a like nature outside the United Kingdom and for international organisations;

3

The Schedule to the said Order shall be further amended by substituting for paragraph (b) th following paragraph:

(b) the publication and sale of material in printed or other form for Parliament, Government departments, local authorities, nationalised industries and other parts of the public services and for bodies of a like nature outside the United Kingdom and for international organisations; and

4

The Crown assets and liabilities set out in the Schedule to this order and attributable to the additional operations to be financed by the HMSO Trading Fund shall be appropriated as assets and liabilities of the fund.

SCHEDULE — ASSETS AND LIABILITIES APPROPRIATED TO THE FUND

ASSETS

Current assets as at 1st May 1994 used or allocated for use in, or arising from, the funded operations.

LIABILITIES

Creditors as at 1st May 1994 in relation to the funded operations.

Signed

Chancellor of the Duchy of Lancaster — 26th April 1994

We concur

Two of the Lords Commissioners of Her Majesty’s Treasury — 26th April 1994

Explanatory note

(This note is not part of the Order)

This order extends the operations of the HMSO Trading Fund. That fund was established under the Government Trading Funds Act 1973 to finance those operations of HMSO which were described in the Schedule to the HMSO Trading Fund Order 1980. This Order adds to those operations further operations of HMSO which have not hitherto been financed by means of a trading fund.

The additional operations now to be financed by the fund are the procurement and production of printing, the supply of stationery and office machinery and related services and the publication and sale of material in printed or other form for such bodies outside the United Kingdom as are of a like nature to those for which the HMSO Trading Fund already provides goods and services. The activities are currently being administered under Class XVIII Vote 4, Stationery and Printing: Payments to Her Majesty’s Stationery Office.

The Order provides for the additional assets (estimated at £130,000) and liabilities (estimated at £120,000) set out in a Schedule to the Order to be appropriated to the fund.

Footnotes

[^f00001]: S.I. 1980/456; the Schedule to the Order was amended by section 5(2)(b) of the Government TradingAct 1990 (c. 30).

[^f00002]: 1973 c. 63, as amended by the Government Trading Act 1990 (c. 30). The 1973 Act, as so amended, is set outin Schedule 1 to the 1990 Act. The Act was further amended by section 119 of the Finance Act 1991 (c. 31), andSchedule 22 to the Finance Act 1993 (c. 34).