Contingencies Fund Advance Debate
Full Debate: Read Full DebateOliver Dowden
Main Page: Oliver Dowden (Conservative - Hertsmere)Department Debates - View all Oliver Dowden's debates with the Department for Digital, Culture, Media & Sport
(4 years, 1 month ago)
Written StatementsThe Department for Digital, Culture, Media and Sport has sought in its main estimate 2020-21—Central Government Supply Estimates, 2020-21, Main Supply Estimates, HC 293 published 4 May 2020—the resources, capital and cash it requires to operate for this financial year.
The funds associated with this estimate will not be released until the Supply and Appropriation Bill achieves Royal Assent later in the summer. The Department has therefore sought a contingencies fund advance which will be repaid once Royal Assent has been obtained.
Parliamentary approval for resources of £550,327,000 and capital of £41,808,000 has been sought in a main estimate for the Department for Digital, Culture, Media and Sport. Pending that approval, urgent expenditure estimated at £592,135,000 will be met by repayable cash advances from the Contingencies Fund.
[HCWS331]