Skip to main content

Proceeding contribution from George Osborne (Conservative) in the House of Commons on Thursday, 14 July 2011. It occurred during Debate on bill and Committee of the Whole House (HC) on Sovereign Grant Bill.


Sovereign Grant Bill

The money is not paid directly. It comes into the Exchequer, like other revenues, and is then paid out to the royal family. It is paid out of general public funds through estimates voted by Parliament. The only link is that we have a formula for how much we give the royal family. However, there is no direct transfer of money from the Crown Estate to the royal family.


Secondary information

Type
Proceeding contribution
Reference
531 c540 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Disclosure of information Conditions of employment Accountability Accountancy Crown lands and estates Crown Estate Finance Expenditure Historic buildings Minimum wage National Audit Office Travel Repairs and maintenance Royal family Royal household Sovereign grant Committee of Public Accounts
Legislation
Sovereign Grant Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk