HC Deb 11 November 1999 vol 337 c781W
Mr. Willis

To ask the Chancellor of the Exchequer, pursuant to the answer of 27 October 1999,Official Report, column 910, (1) what the total value is of the Windfall Tax reserve in the current financial year; and what it was in financial years 1997–98 and 1998–99; [98324]

(2) if he will list the amounts of, and purposes for which, expenditure from the Windfall Tax reserve has been authorised to date; and whether such expenditure (i) may be authorised by the Department for Education and Employment alone or (ii) requires the prior agreement of the Chancellor of the Exchequer. [98326]

Mr. Andrew Smith

The Windfall Tax reserve and the allocation of the Windfall Tax receipts as currently estimated are outlined in Table 4.1 of the 1999 Pre Budget Report.

Expenditure from the Windfall Tax reserve is a matter for the Chancellor of the Exchequer, as chair of the Cabinet committee EA(WW).