
1 
This Order may be cited as the Chessington Computer Centre Trading Fund Order 1993 and shall come into force on 1st April 1993.
2 
In this Order—
 “the Act” means the Government Trading Funds Act 1973;
 “the fund” means the trading fund established by this Order;
3 
As from 1 April 1993, for all the operations of the Office of Public Service and Science known as Chessington Computer Centre as are described in Schedule 1 to this Order there shall be established a trading fund to be known as the Chessington Computer Centre Trading Fund.
4 
The Chancellor of the Duchy of Lancaster is hereby designated as the source of issues to the fund by way of loan.
5 

(1) The Crown assets and liabilities set out in Schedule 2 to this Order shall be appropriated as the assets and liabilities of the fund.
(2) 54 per cent of the amount by which the values of the said assets exceed the amounts of the said liabilities shall be treated as public dividend capital.
6 
The maximum amount that may be issued to the fund by way of loan under section 2B of the Act shall be £30,000,000.
William Waldegrave
Chancellor of the Duchy of Lancaster
30th March 1993We concur
Tim Wood
Gregory Knight
Two of the Lords Commissioners of Her Majesty’s Treasury
30th March 1993
SCHEDULE 1

The operations of Chessington Computer Centre, all of which are to be funded by the fund, are the provision of computerised systems for payroll, personnel, financial accounting, superannuation awarding, and other administrative services to central government and the wider public sector or incidental, conducive or otherwise ancillary to the foregoing.

SCHEDULE 2

Plant and equipment, computer hardware (including hardware and related assets held under a finance lease) and software and software licences, stock and debtors, as at 1st April 1993.

LIABILITIES

Creditors, including obligations under the finance lease, as at 1st April 1993.
