Margaret Ritchie
Shadow SDLP Spokesperson (Environment, Food and Rural Affairs), Shadow SDLP Spokesperson (Energy and Climate Change)
To ask the Chancellor of the Exchequer how much funding has been allocated to the Coastal Communities Fund in Northern Ireland in each of the next three years.
Danny Alexander
The Chief Secretary to the Treasury
Funding for the Coastal Communities Fund is equal to 50% of the revenues generated by the Crown Estate's marine assets.
Northern Ireland will receive £0.5 million in 2013-14, £0.6 million in 2014-15 and the 2015-16 allocation is yet to be determined. This determination is dependent on the Crown Estate's Marine 2013-14 Revenues in Northern Ireland.
Funding for future years will be determined in line with this formula and will be reviewed as part of future spending rounds. We will also review the size of the Fund should revenue rise or fall significantly in any given year.
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