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Serious Fraud Office (Contingencies Fund Advance)

22 February 2024

Proposing MP
Banbury
Type
Written Ministerial Statement
Department
Attorney General

At a Glance

Issue Summary

A cash advance from the Contingencies Fund is sought for the Serious Fraud Office to cover costs for large cases pending Parliamentary approval.

Action Requested

The House will be asked to approve an additional £22,253,000 in resources for the SFO through a Supplementary Estimate. Pending approval, urgent expenditure of this amount will be met by a repayable cash advance from the Contingencies Fund, which will be repaid upon Royal Assent.

Key Facts

  • A cash advance of £22,253,000 is requested for the SFO.
  • The advance covers costs related to large cases pending Parliamentary approval.
  • Repayment will occur upon Royal Assent of the Supply and Appropriation (Anticipation and Adjustments) Bill.
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