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Cash Limits And Running Costs

Volume 300: debated on Wednesday 5 November 1997

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To ask the Chancellor of the Exchequer what changes are proposed to the cash and running costs limit of Her Majesty's Treasury in 1997–98. [14754]

Subject to Parliamentary approval of the necessary Supplementary Estimate, the running costs limit for Class XVI, Vote 1 will be increased by £1,051,000 from £55,509,000 to £56,560,000 and the cash limit will be increased by £1,901,000 from £61,286,000 to £63,187,000. The increases are necessary to provide for the partial take up of running costs end year flexibility as announced by the Chief Secretary to the Treasury on 17 July, Official Report, columns 245–50, to meet various new commitments (net of offsetting savings and changes in receipts); to provide for a grant in aid to the Private Finance Taskforce which succeeds the Private Finance Panel; and to give effect to the Chancellor's commitment to pay over to the Diana, Princess of Wales Memorial Fund a sum equivalent to VAT paid on "Candle in the Wind".The increase will be charged to the Reserve and will not therefore add to the planned total of public expenditure.