Question
To ask the Member for South West Bedfordshire, representing the Church Commissioners, what (a) investigative powers and (b) sanctions are available to the Strategic Investment Board to tackle any reported misuse of Strategic Development Funding.
All awards of Strategic Development Funding are granted under a formal funding agreement made between the Archbishops’ Council and the recipient of the funding. The Strategic Mission and Ministry Investment Board is able, on behalf of the Archbishops’ Council, to commission any necessary investigations into reported misuse, or misuse identified through various accountability processes, of Strategic Development Funding. Under the funding agreement, the Archbishops’ Council has the right to withhold a grant or require repayment if any part of the grant is misused. No report of misuse of funds has ever been received.