§ Sue DoughtyTo ask the Secretary of State for Culture, Media and Sport what guidelines have been put in place by the Secretary of State to guarantee that lottery260W money distributors transfer funds to grant recipients as quickly as possible; and what measures are in place to monitor the efficacy of these guidelines. [65599]
§ Mr. CabornWhile the Government wishes to see Lottery funds benefit individuals and communities as quickly as possible, Financial Directions to Lottery distributing bodies do prevent them from drawing down money from the National Lottery Distribution Fund until that money is needed to meet the costs and expenditure incurred by grant recipients.
We have asked distributors to explore fully what they can do, within their existing financial directions, to transfer committed funds more quickly to grant recipients. We are also considering, with distributors, how the financial directions might be amended to accelerate the transfer of committed funds, and whether any amendments might usefully be supplemented by guidance from my Department.