I am grateful to the Minister for that. It has provided the sort of information that I was seeking. I understand that, as things currently stand, the scheme is fully and properly funded and therefore there is no call on the guarantee. We are seeking to understand whether the actual existence of the guarantee itself features in any way in public expenditure. I imagine that the answer is probably no if there is no current likelihood of a call on it. However, I would be grateful to understand that a little better. I see that the Box is producing a note, but perhaps the Minister could write if that does not cover it.
Local Audit and Accountability Bill [HL]
Proceeding contribution from
Lord McKenzie of Luton
(Labour)
in the House of Lords on Monday, 17 June 2013.
It occurred during Debate on bills
and
Committee proceeding on Local Audit and Accountability Bill [HL].
Type
Proceeding contribution
Reference
746 c22GC 
Session
2013-14
Chamber / Committee
House of Lords Grand Committee
Subjects
Librarians' tools
Timestamp
2017-01-18 16:12:34 +0000
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