Kensington and Chelsea College: Contingencies Fund Debate
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Gavin Williamson
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Kensington and Chelsea College: Contingencies Fund
Gavin Williamson Excerpts(5 years, 1 month ago)
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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]