LegalizeThe Public Bodies (Abolition of the National Endowment for Science, Technology and the Arts) Order 2012
Made: 27th March 2012
Coming into force: 1st April 2012
A draft of this Order and an explanatory document containing the information required in section 11(2) of the Act have been laid before Parliament in accordance with section 11(1) after the end of the period of twelve weeks mentioned in section 11(3). In accordance with section 11(4) of the Act, the draft of this Order has been approved by a resolution of each House of Parliament after the expiry of the 40-day period referred to in that provision.
Citation and commencement
1
- (1) This Order may be cited as the Public Bodies (Abolition of the National Endowment for Science, Technology and the Arts) Order 2012.
- (2) Subject to paragraph (3), this Order shall come into force on 1st April 2012 or, if the Order is made on or after 1st April 2012, 28 days after the day on which it is made.
- (3) Article 3(2) shall come into force on the day after that on which the other provisions of this Order come into force.
Abolition
2
The National Endowment for Science, Technology and the Arts, which was established by section 16 of the National Lottery Act 19983, is abolished.
Amendments
3
- (1) The consequential amendments and revocation which are set out in the Schedule shall have effect.
- (2) In Schedule 1 to the Public Bodies Act 2011, the entry relating to the National Endowment for Science, Technology and the Arts is omitted.
SCHEDULE — CONSEQUENTIAL AMENDMENTS
| Legislation | Provision | Amendment |
|---|---|---|
| Parliamentary Commissioner Act 19674 | Schedule 2 | Omit “National Endowment for Science, Technology and the Arts”. |
| House of Commons Disqualification Act 19755 | Part III of Schedule 1 | Omit the entry relating to the Chairman and other members of the National Endowment for Science, Technology and the Arts. |
| Northern Ireland Assembly Disqualification Act 19756 | Part III of Schedule 1 | Omit the entry relating to the Chairman and other members of the National Endowment for Science, Technology and the Arts. |
| Finance Act 19827 | Section 129(1) | Omit “or to the National Endowment for Science, Technology and the Arts”. |
| Inheritance Tax Act 19848 | Schedule 3 | Omit “The National Endowment for Science, Technology and the Arts”. |
| Finance Act 19869 | Section 90(7) | Omit paragraph (e) and the preceding “or”. |
| Taxation of Chargeable Gains Act 199210 | Section 271(7) | After “Historic Buildings and Monuments Commission for England” insert “and”. Omit “and the National Endowment for Science, Technology and the Arts”. |
| National Lottery etc Act 199311 | Section 22 | For subsection (4) substitute - “(4) This section has effect subject to section 25 of the Horserace Betting and Olympic Lottery Act 2004.” |
| National Lottery Act 199812 | Part II | Omit Part II (including Schedule 4). |
| Freedom of Information Act 200013 | Part VI of Schedule 1 | Omit the entry relating to the National Endowment for Science, Technology and the Arts. |
| Finance Act 200314 | Section 69 | Omit paragraph (b). |
| Income Tax (Trading and Other Income) Act 200515 | Section 108(4) | Omit paragraph (e). |
| Section 620(5) | In the definition of “charity” – insert “and” after paragraph (a); and omit paragraph (c) and the preceding “and”. | |
| Section 628(6) | In the definition of “charity” – insert “and” after paragraph (a); and omit paragraph (c) and the preceding “and”. | |
| National Endowment for Science, Technology and the Arts (Increase of Endowment) Order 200616 | Revoke. | |
| Income Tax Act 200717 | Section 430(1) | Insert “and” after paragraph (a). Omit paragraph (c) and the preceding “and”. |
| Section 446 | Insert “and” after paragraph (a). Omit paragraph (c) and the preceding “and”. | |
| Corporation Tax Act 200918 | Section 105(4) | Insert “and” after paragraph (a). Omit paragraph (c) and the preceding “and”. |
| Corporation Tax Act 201019 | Section 202 | Insert “or” at the end of paragraph (c). Omit paragraph (e) and the preceding “or”. |
| Section 217 | Insert “or” after paragraph (b). Omit paragraph (d) and the preceding “or”. | |
| Section 468 | Insert “and” after paragraph (c). Omit paragraph (e) and the preceding “and”. |
Signed
David Willetts — Minister of State for Universities and Science — Department for Business, Innovation and Skills — 27th March 2012
Explanatory note
(This note is not part of the Order)
EXPLANATORY NOTE
The National Endowment for Science, Technology and the Arts (“NESTA”) was established by the National Lottery Act 1998. This Order abolishes NESTA using powers contained in the Public Bodies Act 2011.
A full economic impact assessment has been produced for this Order by the Department for Business, Innovation and Skills and is annexed to the Explanatory Document for this Order on www.legislation.gov.uk.
Footnotes
1967 c.13: the new Schedule 2 was inserted in 1967 c.13 by the Parliamentary Commissioner Order 2011 (S.I. 2011/751).
1975 c.24: the relevant entry in Part III of Schedule 1 was inserted by the National Lottery Act 1998 (c.22) sections 16(2), 27(4) and Schedule 4 paragraph 10(1).
1975 c.25: the relevant entry in Part III of Schedule 1 was inserted by the National Lottery Act 1998 sections 16(2), 27(4) and Schedule 4 paragraph 10(2).
1982 c.39: the relevant words were inserted in section 129(1) by the National Lottery Act 1998 sections 24(4) and 27(4).
1984 c.51: the relevant words were inserted in Schedule 3 by the National Lottery Act 1998 section 24(3).
1986 c.41: paragraph (e) was inserted in section 90(7) by the National Lottery Act 1998 section 24(5).
1992 c.12: the words were inserted in section 271(7) by the National Lottery Act 1998 section 24(2).
1993 c.39: section 22(4) was amended by sections 19(7) and 27(4) of the National Lottery Act 1998 and takes effect subject to section 25 of the Horserace Betting and Olympic Lottery Act 2004 (c.25).
2005 c.5: the relevant words in sections 620(5) and 628(6) were amended by the Income Tax Act 2007 (c.3).
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