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Written question asked by John Bercow (Conservative) on Monday, 19 November 2001, in the House of Commons. It was due for an answer on Tuesday, 4 December 2001. It was answered by Bob Ainsworth (Labour) on Tuesday, 4 December 2001 on behalf of the Home Office.


Home Office

Question
To ask the Secretary of State for the Home Department, what estimate he has made of the cost of the Criminal Assets Recovery Agency. - Includes figures.
Answer

Mr. Bercow: To ask the Secretary of State for the Home Department what estimate he has made of the cost of the Criminal Assets Recovery Agency. [16909] Mr. Bob Ainsworth: Our current estimate is that it will cost approximately £3 million to establish the Agency and that its annual running costs will be around £13 million, assuming around 100 staff. This estimate covers both the Agency's operational activities and the training and accreditation services which its centre of excellence will provide to other agencies. Based on current assumptions about caseloads and amounts available for recovery, the Government expect that the Agency's receipts will exceed its running costs. The figures given above are subject to revision as our planning for the Agency develops. They do not take into account the possibility, currently under discussion, that the Agency should assume a major role in the enforcement of confiscation orders other than those that it has itself obtained.


Secondary information

Type
Written question
Reference
376 c230W;376 c231W; 16909
Session
2001-02
Subjects
Costs Assets Recovery Agency Proceeds of crime Operating costs
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk