Speeches

Lord Empey – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Empey on 2016-06-15.

To ask Her Majesty’s Government whether the devolved administrations are permitted to re-allocate funds provided by HM Treasury for capital expenditure purposes for resource expenditure purposes.

Lord O’Neill of Gatley

Devolved administrations may not switch provision from Capital to Resource, except where bespoke arrangements have been agreed with Treasury ministers.

The annual ‘Consolidated Budgeting Guidance’, published by the Treasury, sets out the budgeting framework for expenditure control for devolved administrations.