House of Commons · Written Ministerial Statement
Contingent Liability
20 May 2020 · Ministry of Defence
Proposed by Jeremy Quin Con Horsham
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The Ministry of Defence is recognising a new contingent liability associated with satellite operations by the Defence Science and Technology Laboratory.
- Her Majesty's Treasury has approved a value of up to 500 million for this contingent liability.
- The liability applies if a Dstl-operated satellite causes a collision.
Issue summary
The Ministry of Defence is recognising a new contingent liability associated with satellite operations conducted by the Defence Science and Technology Laboratory (Dstl).
Action requested
Her Majesty’s Treasury has approved a value of up to £500 million for the contingent liability, which will be noted in the MOD's accounts. The liability applies if a Dstl-operated satellite causes a collision.
Key facts
- Ministry of Defence (MOD) received approval from Her Majesty’s Treasury.
- Contingent liability is associated with Dstl’s operation of research satellites.
- Ground station installed at Portsdown West site to support space research activities.
- Contingent liability value up to £500 million for potential collision damage costs.
- Risk mitigation measures in place; risk level estimated between 0.001-0.01%.
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