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Contingencies Fund Act 1974 (Amendment) Bill - Clause 1

11 March 2021

Lead MP

Jesse Norman

Debate Type

Bill Debate

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Other Contributors: 12

At a Glance

Jesse Norman raised concerns about contingencies fund act 1974 (amendment) bill - clause 1 in the House of Commons. Other MPs contributed to the debate.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
The Financial Secretary moved to amend the Contingencies Fund Act 1974, proposing a limit on the amount that can sit in the Contingencies Fund for the financial year ending March 2022 to 12% of last year’s cash spend. He emphasised this is necessary due to uncertainty caused by the ongoing pandemic and provides Departments with swift financial responses during emergencies while respecting Parliament's scrutiny rights.
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