Trading fund: Difference between revisions
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imported>Doug Williamson (Create page. Source: UK government webpage https://www.legislation.gov.uk/ukpga/1973/63) |
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* [[Crown Commercial Service]] | * [[Crown Commercial Service]] | ||
* [[Exchange-traded funds]] | * [[Exchange-traded funds]] | ||
*[[Fund]] | |||
* [[Procurement]] | * [[Procurement]] | ||
* [[Public sector]] | * [[Public sector]] | ||
* [[Third sector]] | * [[Third sector]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 21:40, 10 July 2022
1. Public sector - UK government.
In the public sector, a trading fund is a structure established with the intention of allowing an agency, department, or part of a department to:
- Enjoy a degree of independence and commercial discipline, for example by retaining surpluses for future use.
- Reduce its dependency on repeated reapplications for central funds.
- Thereby improve the efficiency and effectiveness of the provision of public services.
Examples in the UK include Companies House, the Crown Commercial Service and HM Land Registry.
2. Public sector - other governments.
Similar structures in other jurisdictions.
