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

To ask Her Majesty's Government what plans they have to make regulations under the Corporate Insolvency and Governance Act 2020 to protect museum collections from sale when holding bodies go into administration.

The Government is aware of this important issue and DCMS is exploring options, including legislation, for how we may be able to prevent the dispersal, and therefore potential loss of these collections. One option is considering whether the Corporate Insolvency and Governance Act 2020 can be used as a means of saving museum collections in the event of insolvency.

Since the beginning of the COVID-19 crisis officials and ministers have been in even more regular contact with museums and sector organisations to understand the impact of the pandemic, the measures the Government has taken to fight it and to understand what support museums and heritage organisations need and how best to get it to them. On 5th July, the Government announced a £1.57 billion support package to protect Britain’s world-class cultural, arts and heritage institutions. In addition, DCMS arms’ length bodies have created sector specific support. Arts Council England launched a £160 million Emergency Funding Package, the National Lottery Heritage Fund launched the £50 million Heritage Emergency Fund, and Historic England launched a £2 million Emergency Fund. This emergency short-term funding will help address pressures over the next 3-6 months for those organisations most in immediate need.

The Government has also announced unprecedented support for business and workers, to protect them against the current economic emergency. This includes the Coronavirus Jobs Retention Scheme and VAT payment deferrals. We know that the Coronavirus Job Retention Scheme, in particular, has been a lifeline for the museum sector. The Government continues to monitor the impact of these and other measures.