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Kensington and Chelsea College Contingency Fund advance

29 January 2020

Proposing MP
Gavin Williamson Con
Stone, Great Wyrley and Penkridge
Type
Written Ministerial Statement
Department
Department for Education
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At a Glance

Issue Summary

The Department for Education is taking steps to secure the future of Kensington and Chelsea College through a purchase agreement and lease arrangement.

Action Requested

The department will seek parliamentary approval for £10,000,000 in additional capital and will use up to £10,000,000 from the Contingencies Fund as an urgent advance pending Royal Assent of the Supply and Appropriation Bill.

Key Facts

  • The Department for Education will purchase the Kensington Centre located at Wornington Road, London.
  • A 125-year lease will be provided to the Further Education institute formed by merging Kensington and Chelsea College (KCC) and Morley College.
  • Parliamentary approval is being sought for an additional capital of £10,000,000.
  • Urgent expenditure estimated at £10,000,000 will be met from the Contingencies Fund pending Royal Assent.
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