As announced on 15 March, it is proposed that the Arts Council of Wales will contribute £8.1 million and the Sports Council for Wales £7.3 million.
Of the relevant UK-wide distributing bodies, it is proposed that the Heritage Lottery Fund will make a contribution of £161.2 million and Big Lottery Fund a contribution of £638.1 million. It is for these distributors to determine the proportion of their funding which goes to Wales. No funds will be transferred before 2009.
In addition, non-Olympic good causes may lose about 5 per cent. of their income as a result of sales diversion from Olympic Lottery games during the eight years from 2005 to 2012.
Grants already made need not be affected. Furthermore, the Big Lottery Fund will maintain, and extend from 2009 to 2012, its commitment to provide 60 to 70 per cent. of its funding to the voluntary and community sector, at the levels planned before the announcement of the Olympic transfer.