Question to the HM Treasury:
To ask the Chancellor for the Exchequer, what happens to money from the public purse not spent by the Office for Nuclear Radiation when there is budgetary underspend.
The Office for Nuclear Regulation (ONR) operates a charging model which enables them to receive the majority of its funding through charges to industry clients. A proportion of ONR funding is provided by the Exchequer, via the Department for Work and Pensions as the ONR sponsorship department. Any resources, capital or cash authorised in the Supply Estimates but not used by the ONR at the end of a financial year are no longer authorised for use. Where the ONR has drawn down unspent cash from the Consolidated Fund, this will be immediately surrenderable back to the Fund.