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Proceeding contribution from Lord Beamish (Labour) 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

Will the Chancellor explain how the controls over the reserve will work? Who will take the decisions about how it is spent? It does not take a genius or a financial wizard to work out that, if we draw down the reserve, we can certainly keep up the annual income at 15%. Who will have a say over how the reserve is spent? Will the Government of the day have any control over how it is spent?


Secondary information

Type
Proceeding contribution
Reference
531 c541 
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