UK Statistics Authority (Contingencies Fund Advance)

Nick Hurd Excerpts

Friday 28th February 2014 Written Statements

[The Minister of State, Cabinet Office (Mr Nick Hurd)]

The Cabinet Office wishes to report that a cash advance from the Contingencies Fund has been sought for the UK Statistics Authority (referred to as the Statistics Board in the Statistics and Registration Service Act 2007). The advance is required to meet an urgent cash requirement on services pending parliamentary approval of the 2013-14 supplementary estimate. The supplementary estimate seeks an increase on net cash requirement in order to settle material liabilities arising from a reserve claim. Parliamentary approval for additional resources of seven million, seven hundred thousand pounds (£7,700,000) and additional capital of seven million three hundred thousand pounds (£7,300,000) has been sought in the supplementary estimate for the UK Statistics Authority. Pending that approval, urgent expenditure estimated at five million pounds (£5,000,000) will be met by repayable cash advances from the Contingencies Fund.

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