Security and Intelligence Agencies (Contingencies Fund Advance) Debate
Full Debate: Read Full DebateDepartment: Cabinet Office
Lord Maude of Horsham
Main Page: Lord Maude of Horsham (Conservative - Life peer)Department Debates - View all Lord Maude of Horsham's debates with the Cabinet Office
Security and Intelligence Agencies (Contingencies Fund Advance)
Lord Maude of Horsham Excerpts(9 years, 9 months ago)
Written StatementsRead Full debate Read Hansard Text Read Debate Ministerial Extracts
The Minister for the Cabinet Office and Paymaster General (Mr Francis Maude)
As part of the supplementary estimates 2014-15, parliamentary approval for additional resource of £34,201,000, additional capital of £28,255,000 and additional cash of £4,344,000 is sought for the security and intelligence agencies to reflect a number of in-year budgetary changes.
Pending that approval, urgent expenditure estimated at £66,800,000 will be met by repayable cash advances from the Contingencies Fund. This is required to meet contractual commitments.
A total net cash requirement of £111,456,000 has been requested as part of the supplementary estimates 2014-15 and the advance will be repaid upon Royal Assent of the Supply and Appropriation (Anticipation and Adjustments) Bill.
As the security and intelligence agencies are non-ministerial departments, I am making this statement on behalf of their Accounting Officer, to ensure that Parliament is informed of this advance from the Contingencies Fund.
[HCWS420]