Contingencies Fund Advance Debate

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Contingencies Fund Advance

Maria Miller Excerpts
Tuesday 11th March 2014

(10 years, 8 months ago)

Written Statements
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Maria Miller Portrait The Secretary of State for Culture, Media and Sport (Maria Miller)
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I would like to inform the House that, as for a number of Departments at this time of year, the Department for Culture, Media and Sport requires an advance to discharge its commitments which are set out in its supplementary estimate 2013-14, published on 12 February 2014 as HC 1006—CG supply estimates, supplementary estimates.

Parliamentary approval for additional net cash of £262 million for existing services has been sought in a supplementary estimate for the Department for Culture, Media and Sport. Pending that approval, urgent expenditure estimated at £40 million will be met by repayable cash advances from the Contingencies Fund.

The advance will be repaid upon Royal Assent of the Supply and Appropriation (Anticipation and Adjustments) Bill.