Oral question asked in the House of Lords, by Lord James of Blackheath (Conservative). It was answered by Baroness Andrews (Labour) on Monday, 8 October 2007.

Millennium Dome

Question: My Lords, I beg leave to ask the Question standing in my name on the Order Paper. In doing so, I note my interest as former chairman of the Dome company, although the subject matter of this Question was excluded from my terms of reference at the time. The Question was as follows: To ask Her Majesty’s Government how they will divide any revenue from the sale or lease of the Millennium Dome between the millennium lottery commission and the owners of the land, English Partnerships.

Answer: My Lords, English Partnerships, the national regeneration agency, will retain the first £30 million of development receipts. Thereafter, 13 per cent will be passed to the National Lottery. Of the £550 million forecast cash proceeds from the deal, English Partnerships currently estimates that the lottery is likely to receive a total of approximately £67 million phased over the next 15 years. This arrangement for the division of proceeds was announced to Parliament in 2004.

Secondary information

Type: Oral question
Reference: 695 c9
Session: 2006-07
Oral question type: Lead
Chamber / Committee: House of Lords chamber
Subjects: Income English Partnerships National Lottery Sales Millennium dome
Contains statistics: Yes
Link: View this Oral question on www.publications.parliament.uk