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Proceeding contribution from Jeremy Hunt (Conservative) in the House of Commons on Tuesday, 15 January 2008. It occurred during Legislative debate on National Lottery.


National Lottery

I am very grateful for that concession, as it will greatly improve our ability to scrutinise the progress of the Olympics budget. Most importantly, it will mean that there will be no repeat of what happened last March, when the budget had to be tripled. We sought one other concession, however. It was, as the Secretary of State says, a commitment that there would be no more raids on good causes. Why should good causes, which the lottery was set up to protect, suffer from Government financial miscalculations? We have to recognise that the good causes have suffered a triple whammy as a result of the Olympics. There was the original £410 million; then the £750 million from the special Olympics lottery games, which, it now transpires, will cannibalise much of the revenue that would have been raised through the normal lottery games that raise money for the good causes; and then the additional £675 million.


Secondary information

Type
Proceeding contribution
Reference
470 c816 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Finance Lotteries National Lottery Olympic Lottery Distribution Fund Olympic Games 2012
Legislation
Payments into the Olympic Lottery Distribution Fund etc. Order 2008
Link
View this Proceeding contribution on www.publications.parliament.uk