Government Actuary's Department: Changes to DEL and Administration Costs Limits (Hansard, 22 February 2005)

My honourable friend the Financial Secretary (Mr Stephen Timms) has made the following Written Ministerial Statement.

Subject to parliamentary approval of any necessary Supplementary Estimate, the Government Actuary's departmental expenditure limit will be increased by £130,000 from £ 1,309,000 to £1,439,000. Within the DEL change, the impact on resources and capital are as set out in the following table:

	Change	Voted	New DEL Non-voted	Total
Resource	0	1,071	-	1,071
Capital	130	368	0	368
Depreciation^*	0	-416	-	-416
Total	130	1,023	0	1,023

^* Depreciation, which forms part of resource DEL, is excluded from the total DEL since capital DEL includes capital spending and to include depreciation of those assets would lead to double counting.

The change in the capital element of the DEL arises from the partial draw down of capital end-year flexibility (EYF) of £130,000. This is required to meet the costs arising from the replacement of pension's valuation software and the implementation of a document management system.