Contingencies Fund Advance: IPSA

Charlotte Nichols Excerpts

Friday 24th January 2025 Written Statements

[Charlotte Nichols (Representing the Speaker’s Committee for the Independent Parliamentary Standards Authority)]

Due to the general election held on 4 July, the Independent Parliamentary Standards Authority required additional funding totalling £52,767,000 to support the transition between the old Parliament and the new. The election costs vary with the turnover of MPs at the election and were therefore excluded from the main estimate.

Parliamentary approval for additional resources of £52,767,000 will be sought in a supplementary estimate for the Independent Parliamentary Standards Authority. Pending that approval, urgent expenditure estimated at £52,767,000 will be met by repayable cash advances from the contingencies fund.

[HCWS387]