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Statutory Instruments
1987 No. 164
FOREIGN COMPENSATION
The Foreign Compensation (Financial Provisions) Order 1987
Made
10th February 1987
Laid before Parliament
18th February 1987
Coming into force
18th March 1987
At the Court at Buckingham Palace, the 10th day of February 1987
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) and section 3(3) of the Foreign Compensation Act 1962(2) 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 1987 and shall come into force on 18th March 1987.
2. The Foreign Compensation Commission shall pay into the Consolidated Fund not later than 31st March 1987 out of the compensation fund named in Column 1 of the Schedule to this Order the amount specified in Column 2 of the Schedule which is hereby determined to be the amount of the expenses of the Commission during the period 1st October 1985 to 30th September 1986 attributable to the discharge by the Commission of their functions in relation to the distribution of sums from that compensation fund.
G. I. de Deney
Clerk of the Privy Council
SCHEDULE
| Column 1 | Column 2 |
|---|---|
| Name of Fund | Amount |
| £ | |
| The Czechoslovakia Compensation Fund | 383,995 |
Explanatory Note
(This note is not part of the Order)
This Order, which is made under section 7(2) of the Foreign Compensation Act 1950 and section 3(3) of the Foreign Compensation Act 1962, 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 Acts, an amount in respect of the Commission's expenses during the period 1st October 1985 to 30th September 1986 in relation to the distribution of those funds.
1962 c. 4 (11 & 12 Eliz. 2).