delete The Hydrographic Office Trading Fund (Variation) Order 1997
A 1997 statutory instrument that amends the Hydrographic Office Trading Fund Order 1996 by adjusting two percentage figures in article 4 - changing 5.1% to 0.97% (£264,807) and 47.3% to 49.5% (£13,266,833). The Hydrographic Office operates as a government trading fund producing official nautical charts and maritime publications for UK waters.
This is a minor technical amendment adjusting financial thresholds for a government trading fund. The underlying issue is that the UK Hydrographic Office holds a de facto monopoly on official nautical charts by government mandate. Retained EU-derived statutory instruments like this one that merely tweak numbers in a regulatory framework without scrutinizing whether that framework itself serves the public interest should be repealed. The trading fund model, while preferable to direct subsidy, still represents state intervention in what could be a competitive market for navigational information.