The Scotland Act 1998 (Designation of Receipts) (Amendment) Order 2017

Type Statutory-Instrument
Publication 2017-12-11
State In force
Department King's Printer of Acts of Parliament
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Made: 11th December 2017

Laid before the House of Commons: 14th December 2017

Coming into force: 31st March 2018

The Treasury, after consultation with the Scottish Ministers, make this Order in exercise of the powers conferred on them by section 64(5) of the Scotland Act 1998[^f00001].

Citation and commencement

1

This Order may be cited as the Scotland Act 1998 (Designation of Receipts) (Amendment) Order 2017 and comes into force on 31st March 2018.

Amendment to the Scotland Act 1998 (Designation of Receipts) Order 2009

2

The Scotland Act 1998 (Designation of Receipts) Order 2009[^f00002] is amended as follows.

3

For article 2(2) (designated receipts), substitute—

(2) The specified descriptions of receipts are— (a) dividends on public dividend capital; (b) interest, other than interest on— (i) any loan that was provided by Scottish Homes under section 2(2) of the Housing (Scotland) Act 1988[^f00003]; and (ii) any voted loans issued by the Scottish Government since 1st June 1999.

Signed

Heather Wheeler — Andrew Griffiths — Two of the Lords Commissioners of Her Majesty’s Treasury — 11th December 2017

Explanatory note

(This note is not part of the Order)

EXPLANATORY NOTE

This Order amends the Scotland Act 1998 (Designation of Receipts) Order 2009 (S.I. 2009/537), which specifies the receipts of the Scottish Ministers and other office holders in the Scottish Administration that are to be designated receipts. In accordance with section 64(6) of the Scotland Act 1998 the Scottish Ministers must pay to the Secretary of State sums equal to the amount of the designated receipts.

Footnotes

[^f00001]: 1998 c. 46. Section 64 was amended by the Scotland Act 2016, s 16(1) & (2).

[^f00002]: S.I. 2009/537.

[^f00003]: 1988 c. 43.

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