Details of payments to the Commissioners for the Reduction of the National Debt (CRND) can be found in Note 6 of the Olympic Lottery Distribution Fund (OLDF) annual accounts and the National Lottery Distribution Fund (NLDF) annual accounts, which can be found on the Department’s website:
http://www.culture.gov.uk/
or in the House Libraries. The 2007-08 accounts are expected to be laid before Parliament in October and will be placed on the Department’s website and in the House Libraries at that time. A summary of amounts received in the past three years is shown in the following table.
NLDF OLDF 2004-05 190 — 2005-06 179 — 2006-07 144 49
The Olympic Lottery Distribution Fund (OLDF) came into legal existence on 8 April 2005 under the terms of the Horserace Betting and Olympic Lottery Act 2004 (Commencement No. 2) Order 2005 (SI 2005/1134).