Security and Intelligence Agencies (Contingencies Fund Advance) Debate
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Lord Maude of Horsham
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Security and Intelligence Agencies (Contingencies Fund Advance)
Lord Maude of Horsham Excerpts(9 years, 2 months ago)
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The Minister for the Cabinet Office and Paymaster General (Mr Francis Maude)
As part of the supplementary estimates 2014-15, parliamentary approval for additional resource of £34,201,000, additional capital of £28,255,000 and additional cash of £4,344,000 is sought for the security and intelligence agencies to reflect a number of in-year budgetary changes.
Pending that approval, urgent expenditure estimated at £66,800,000 will be met by repayable cash advances from the Contingencies Fund. This is required to meet contractual commitments.
A total net cash requirement of £111,456,000 has been requested as part of the supplementary estimates 2014-15 and the advance will be repaid upon Royal Assent of the Supply and Appropriation (Anticipation and Adjustments) Bill.
As the security and intelligence agencies are non-ministerial departments, I am making this statement on behalf of their Accounting Officer, to ensure that Parliament is informed of this advance from the Contingencies Fund.
[HCWS420]