LegalizeThe Driver and Vehicle Standards Agency Trading Fund Order 2015
Made: 12th January 2015
Coming into force: 1st April 2015
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Citation and Commencement
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Interpretation
2
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Establishment of the fund
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Name of the fund
4
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Source of loans
5
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Assets, liabilities, reserves and public dividend capital
6
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Maximum borrowing etc.
7
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Appointed day for adding to originating debt to the fund
8
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Revocation of Orders
9
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SCHEDULE 1 — The Funded Operations
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SCHEDULE 2 — Assets and Liabilities
ASSETS
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Equipment, vehicles, fixtures, furniture, fittings and computer hardware and software, as at 1st April 2015, used or allocated for use in the funded operations.
Intangible assets, including intellectual property, arising from the funded operations as carried on up to 1st April 2015.
Current assets as at 1st April 2015 used or allocated for use in, or arising from, the funded operations.
LIABILITIES
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SCHEDULE 3 — Revocations
| (1) Orders revoked | (2) References | (3) Extent of revocation |
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| The Vehicle Inspectorate Trading Fund Order 1991 | S.I. 1991/773 | The whole Order |
| The Vehicle Inspectorate Trading Fund (Variation) Order 1992 | S.I. 1992/471 | The whole Order |
| The Vehicle Inspectorate Trading Fund (Appropriation of Additional Assets) Order 1997 | S.I.1997/668 | The whole Order |
| The Driving Standards Agency Trading Fund Order 1997 | S.I. 1997/873 | The whole Order |
| The Vehicle and Operator Services Agency Trading Fund Order 2003 | S.I. 2003/942 | The whole Order |
| The Driving Standards Agency Trading Fund (Maximum Borrowing) Order 2006 | S.I. 2006/623 | The whole Order |
| The Vehicle and Operator Services Agency Trading Fund (Maximum Borrowing) Order 2007 | S.I. 2007/468 | The whole Order |
| The Driving Standards Agency (Maximum Borrowing etc.) Order 2009 | S.I. 2009/469 | The whole Order |
Signed
Signed by authority of the Secretary of State for Transport
Claire Perry — Parliamentary Under Secretary of State — Department for Transport — 12th January 2015
We concur
David Evennett — Harriet Baldwin — Two of the Lords Commissioners of Her Majesty’s Treasury — 12th January 2015
Explanatory note
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Footnotes
[^f00001]: S.I. 1991/773 as amended by S.I.1992/471, S.I. 1997/668 and S.I. 2007/468.
[^f00002]: 1973 c.63, as amended by the Government Trading Act 1990 (c.30). Other relevant amendments were made by sections 119 and 123 of and Schedule 19 to the Finance Act 1991 (c.31), section 210 of and Schedule 22 to the Finance Act 1993 (c.34) and section 108 of the Finance Act 2001 (c.9).
[^f00003]: The Vehicle and Operator Services Agency Trading Fund Order 2003 (S.I. 2003/942).
[^f00004]: S.I.1997/873 as amended by S.I. 2009/469.
[^f00005]: The Vehicle and Operator Services Agency and the Driving Standards Agency, were both executive agencies of the Department for Transport. They merged to form the Driver and Vehicle Standards Agency, also an executive agency of the Department for Transport, on 1st April 2014.
[^f00006]: 1981 c.14.
Editorial notes
[^key-bb702c772cda24769a1ab292a10665ed]: Order revoked (1.4.2021) by The Driver and Vehicle Standards Agency Trading Fund (Revocation) Order 2021 (S.I. 2021/96), arts. 1, 2
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