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Advance from the Contingencies Fund

Cabinet Office written statement – made on 27th February 2020.

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Photo of Michael Gove Michael Gove Minister for the Cabinet Office and Chancellor of the Duchy of Lancaster

The Cabinet Office has sought a repayable cash advance from the Contingencies Fund of £82,663,000.

This routine requirement arises each year because the Cabinet Office receives a high proportion of its voted funding at Supplementary Estimate, and as a consequence may only draw the related cash from the Consolidated Fund after the Supply and Appropriation Act has received Royal Assent in March 2020.

The cash advance will pay for programmes which will generate Government-wide benefits or savings and are urgent in the public interest.

Parliamentary approval for additional resources of £53,885,000 and capital of £27,903,000 and cash of £875,000 will be sought in a Supplementary Estimate for the Cabinet Office. Pending that approval, urgent expenditure estimated at £82,663,000 will be met by repayable cash advances from the Contingencies Fund.