National Lottery: Scotland

(asked on 10th September 2015) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, what is the sum of money that has so far been reimbursed to the National Lottery Good Causes programme in Scotland for money used from that programme for funding the 2012 London Olympics.


Answered by
Tracey Crouch Portrait
Tracey Crouch
This question was answered on 18th September 2015

Repayment of the additional £675m borrowed from the National Lottery Distribution Fund (NLDF) will start from the early 2020s.

In addition to this repayment, £69m was transferred to the NLDF from The Olympic Lottery Distribution Fund (OLDF) when it closed in January 2015, representing a share of the income from the sale of the Olympic Village. This adds to the £79 million (from savings in the Olympic Programme) which was transferred from the OLDF to the NLDF in July 2014. The OLDF funds are allocated in the usual proportions, as set out in legislation.

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