BAILII is celebrating 24 years of free online access to the law! Would you consider making a contribution?
No donation is too small. If every visitor before 31 December gives just £1, it will have a significant impact on BAILII's ability to continue providing free access to the law.
Thank you very much for your support!
 |
[Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback] | |
United Kingdom Statutory Instruments |
||
|
You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Foreign Compensation (Financial Provisions) Order 1988 No. 244 URL: http://www.bailii.org/uk/legis/num_reg/1988/uksi_1988244_en.html |
||
[New search] [Help]
Statutory Instruments
FOREIGN COMPENSATION
Made
17th February 1988
Laid before Parliament
25th February 1988
Coming into force
25th March 1988
At the Court at Buckingham Palace, the 17th day of February 1988
Present,
The Queen's Most Excellent Majesty in Council
Her Majesty, by virtue and in exercise of the powers conferred upon Her in that behalf by section 7(2) of the Foreign Compensation Act 1950(1) or otherwise in Her Majesty vested, is pleased, by and with the advice of Her Privy Council, to order, and it is hereby ordered, as follows:
1. This Order may be cited as the Foreign Compensation (Financial Provisions) Order 1988 and shall come into force on 25th March 1988.
2. The Foreign Compensation Commission shall pay into the Consolidated Fund not later than 31st March 1988 out of the compensation funds named in Column 1 of the Schedule to this Order the amounts specified in Column 2 of the Schedule which are hereby determined to be the amounts of the expenses of the Commission during the periods specified in Column 3 of the Schedule attributable to the discharge by the Commission of their functions in relation to the distribution of sums from those compensation funds.
G. I. de Deney
Clerk of the Privy Council
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| Name of Fund | Amount | Period |
| £ | ||
| The Czechoslovakia Compensation Fund | 450,021 | 1st October 1986 30th September 1987 |
| The Union of Soviet Socialist Republics (Tsarist Assets) Fund | 999,326 | 1st April 1987 30th September 1987 |
(This note is not part of the Order)
This Order, which is made under section 7(2) of the Foreign Compensation Act 1950, directs the Foreign Compensation Commission to pay into the Consolidated Fund, out of the funds paid to the Commission for the purpose of being distributed under the said Act, an amount in respect of the Commission's expenses in relation to those funds during the periods specified in the Schedule to the Order.
1950 c. 12; the application of section 7(2) was extended by section 3(3) of the Foreign Compensation Act 1962 (c. 4).
