§ Maria Eagle
Annually Managed Expenditure is not cash limited.1239W
We made payments on behalf of DCMS as follows:
Paid to the BBC (£) Television licence revenue forgone BBC administration costs 2000–01 1305,503,000 17,061,000 2001–02 356,296,000 4,575,000 1 Includes payment of £7.165 million made in 2001–02 in respect of 2000–01.
Any under/overpayment as of 31 March in a given year is settled by way of adjustment to the final payment in the subsequent financial year.