Kensington and Chelsea College: Contingencies Fund

(Limited Text - Ministerial Extracts only)

Wednesday 29th January 2020 Written Statements

[The Secretary of State for Education (Gavin Williamson)]

Given wider exceptional circumstances, the Department for Education will purchase the Kensington Centre (Wornington Road, London) and provide a 125-year lease to the Further Education institute formed by a merger between Kensington and Chelsea College (KCC) and Morley College. The Secretary of State for Housing Communities, and Local Government will be the named freeholder-lessor in each instance.

Parliamentary approval for additional capital of £10,000,000 for this new expenditure will be sought in a supplementary estimate for the Department for Education. Pending that approval, urgent expenditure estimated at £10,000,000 will be met by repayable cash advances from the Contingencies Fund.

The advance will be repaid immediately following Royal Assent of the Supply and Appropriation Bill.

[HCWS72]