HC Deb 21 July 1994 vol 247 c426W
Mr. Burns

To ask the Chancellor of the Exchequer if he will make a statement about the provision of grant in aid to the private finance panel.

Mr. Kenneth Clarke

I propose to make available to the private finance panel a grant-in-aid of £260,000 in 1994–95. This will represent a Government contribution towards the administrative costs of the panel. Parliamentary approval for this new service will be sought in a winter supplementary estimate for Her Majesty's Treasury's vote, class XVII, vote 1. Pending that approval, urgent expenditure, estimated at up to £150,000 will be met by repayable advances from the contingencies fund. The grant-in-aid will be met from existing provision on the vote and will not, therefore, add to the planned total of public expenditure.