Culture Media and Sport written question – answered at on 16 December 2004.
To ask the Secretary of State for Culture, Media and Sport what provisions she has put in place to guarantee funding to Heritage Lottery Fund projects whose funding has already been agreed but which has not been drawn down following a change in funding arrangements.
The management of grants made by the Heritage Lottery Fund (HLF) to individual projects is a matter for HLF itself, not for the Government. However, the provisions in the National Lottery Bill to do with National Lottery Distribution Fund (NLDF) balances do not represent a threat to existing HLF commitments. HLF's forward commitments currently exceed its NLDF balance by around £175 million. Income from the Lottery should, based on the Department's latest projections and taking into account the proposals in the Bill, comfortably exceed £200 million in each of the next four years. We will not exercise any new powers in a way which puts at risk any existing grant.
Yes1 person thinks so
No0 people think not
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