Contingencies Fund Advance: IPSA

Due to the general election held on 4 July, the Independent Parliamentary Standards Authority required additional funding totalling £52,767,000 to support the transition between the old Parliament and the new. The election costs vary with the turnover of MPs at the election and were therefore excluded from the main estimate.

Parliamentary approval for additional resources of £52,767,000 will be sought in a supplementary estimate for the Independent Parliamentary Standards Authority. Pending that approval, urgent expenditure estimated at £52,767,000 will be met by repayable cash advances from the contingencies fund.

[HCWS387]