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Contingencies Fund

Volume 619: debated on Wednesday 18 January 2017

In the autumn statement, the Chancellor announced that additional funding would be made available to the Department for Exiting the European Union for the 2016-17 financial year. However, as is normal in machinery of government moves, full legal and financial responsibility does not transfer between Departments until the legislation related to the relevant Supply estimates receives Royal Assent. Until then the main exporting Department for the function, the Cabinet Office, must seek an advance on behalf of the new Department.

Parliamentary approval for additional resources of £42,700,000 for this new expenditure will be sought in a supplementary estimate. Pending that approval, expenditure estimated at £42,700,000 will be met by repayable cash advances from the Contingencies Fund.