The Crown Agents Holding and Realisation Board (Prescribed Day) Order 2008

• Citation: S.I. 2008/921
• Sections: 5

Section 1 Citation, commencement and interpretation

This Order may be cited as the Crown Agents Holding and Realisation Board (Prescribed Day) Order 2008 and comes into force on 28th March 2008.

Section 2 Citation, commencement and interpretation

In this Order, “Secretary of State” means the Secretary of State for International Development.

Section 3 Prescribed day

The prescribed day for the purposes of paragraphs 23 and 24 of Schedule 5 to the Crown Agents Act 1979 is 1st April 2008.

Section 4 Transfer and disposal of property, rights, liabilities or obligations

Any property, rights, liabilities or obligations which the Crown Agents Holding and Realisation Board may have immediately before the prescribed day are to transfer to the Secretary of State on that day by virtue of this Order, to be disposed of by the Secretary of State.

Section 5 Payments

(1) Any sums transferred by, or accruing under, this Order to the Secretary of State are to be paid into the Consolidated Fund.

(2) Any sums to be provided for the purposes of this Order are to be paid out of money provided by Parliament.