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National Crime Agency: Contingencies Fund Advance

Volume 623: debated on Monday 13 March 2017

The National Crime Agency (NCA) is seeking an advance from the Contingencies Fund under category D of the supply estimates guidance manual to meet its cash funding obligations in advance of Royal Assent to the Supply and Appropriation (Anticipation and Adjustments) Bill. Contingencies Fund advances are sometimes used by Government Departments to manage cash flows, and in this case will be repaid to HM Treasury before the end of the financial year.

Parliamentary approval for additional resources of £14,971,000 and cash of £22,029,000 has been sought in a supplementary estimate for the National Crime Agency. Pending that approval, urgent expenditure estimated at £37,000,000 will be met by repayable cash advances from the Contingencies Fund.