{"value":{"id":1280873,"memberId":4876,"member":null,"memberRole":"Minister for Investment","uin":"HLWS734","dateMade":"2021-01-27T00:00:00","answeringBodyId":202,"answeringBodyName":"Department for International Trade","title":"Contingencies Fund Advance","text":"<p>My hon Friend the Minister for Exports (Graham Stuart MP) has today made the following statement.</p><p>UK Export Finance is seeking a repayable cash advance from the Contingencies Fund of £500,000. The requirement has arisen due to an urgent need to refresh its existing IT equipment (laptops) to meet the needs of the Department and manage its response to Covid-19.</p><p> </p><p>Parliamentary approval for additional capital of £500,000 will be sought in a Supplementary Estimate for UK Export Finance. Pending that approval, urgent expenditure estimated at £500,000 will be met by repayable cash advances from the Contingencies Fund.</p><p> </p><p>The cash advance will be repaid upon receiving Royal Assent on the Supply and Appropriation Bill.</p><p> </p>","house":"Lords","noticeNumber":0,"hasAttachments":false,"hasLinkedStatements":true,"linkedStatements":[{"linkedStatementId":1280870,"linkType":"JointStatement","linkDate":"2021-01-27T00:00:00"}],"attachments":[]},"links":[{"rel":"self","href":"/Statements/1280873","method":"GET"}]}