Select Committee on Treasury Minutes of Evidence


Annex F

ILLUSTRATIVE TREASURY MINUTE UNDER RAB

  The Government Resources and Accounts Bill currently before Parliament provides a statutory basis for the retention and use by departments of income they receive. The Bill enables the Treasury to direct, by Treasury Minute, that income on a resource basis may be applied as Appropriations in Aid of resources authorised by Parliament to be used for the service of a particular year.

  2.  The following is an illustration of the Treasury Minute under RAB, consistent with the wording of the Government Resources and Accounts Bill and with the illustrative Consolidated Fund (Appropriation) Bill contained in the Treasury's July 1999 Memorandum:

    "Treasury Minute dated X March 2001, under the Government Resources and Accounts Act 2000, directing the application of certain amounts as appropriations in aid of the estimates for the year ending 31 March 2002.

    The Treasury, under the powers conferred on them by section x(x) of the Government Resources and Accounts Act 2000, hereby direct that the amounts specified as appropriations in aid in the Estimates presented to the House of Commons on x March 2001, for the year ending 31 March 2002, shall, to the extent specified in the wording of the said Estimates (but without reference to the estimated provision for each individual appropriation in aid), be applied as appropriations in aid of the relevant service mentioned in the said Estimates.

    Let a copy of this Minute be laid before Parliament pursuant to section x(x) of the Government Resources and Accounts Act 2000."


 
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