Statutory Instruments
2017 No. 1258
Constitutional Law
Devolution, Scotland
The Scotland Act 1998 (Designation of Receipts) (Amendment) Order 2017
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( 1 ).
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( 2 ) 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 ( 3 ) ; and
(ii) any voted loans issued by the Scottish Government since 1st June 1999. ” .
Heather Wheeler
Andrew Griffiths
Two of the Lords Commissioners of Her Majesty’s Treasury
11th December 2017