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Contingencies Fund Advance – Vaccines Programme
09 July 2020
Type
Written Ministerial Statement
Department
Department for Business, Energy and Industrial Strategy
At a Glance
Issue Summary
This statement is about seeking an advance of £3,360,000 from the contingencies fund to support the Covid-19 vaccines programme.
Action Requested
The Department for Business, Energy and Industrial Strategy will seek parliamentary approval for additional resources of £3,360,000 through a Main Estimate pending urgent expenditure.
Key Facts
- Funding of £3,360,000 is required to secure manufacturing capability for a possible antibody treatment.
- The funding will be met by repayable cash advances from the Contingencies Fund.
- Repayment will occur upon receiving Royal Assent on the Supply and Appropriation Bill.
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