The Medicines and Healthcare Products Regulatory Agency Trading Fund (‘the Fund’) was established with effect from 1st April 2003 under the Government Trading Funds Act 1973 by the Medicines and Healthcare Products Regulatory Agency Trading Fund Order 2003 (S.I. 2003/1076). The operations suitable to be financed by means of the MHRA Trading Fund were amended by the Medicines and Healthcare Products Regulatory Agency Trading Fund (Amendment) Order 2005 (S.I. 2005/2061).