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Statutory Instruments

2024 No. 52

Crown

The Sovereign Grant Act 2011 (Change of Percentage) Order 2024

Made

16th January 2024

Laid before the House of Commons

17th January 2024

Coming into force

14th February 2024

The Treasury make the following Order in exercise of the powers conferred by section 8(2) of the Sovereign Grant Act 2011( 1 ).

Citation, commencement and extent

1. β€”(1) This Order may be cited as the Sovereign Grant Act 2011 (Change of Percentage) Order 2024 and comes into force on 14th February 2024.

(2) This Order extends to England and Wales, Scotland and Northern Ireland.

Amendment of the Sovereign Grant Act 2011

2. In Step 1 of section 6(1) of the Sovereign Grant Act 2011 (determination of the amount of Sovereign Grant)( b) , for β€œ25%” substitute β€œ12%” .

Amanda Milling

Joy Morrissey

Two of the Lords Commissioners of His Majesty’s Treasury

16th January 2024

( 1 )

2011 c. 15 .

Step 1 of section 6(1) was amended by S.I. 2017/438 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Sovereign Grant Act 2011 (Change of Percentage) Order 2024 (2024/52)

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