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Government of Wales Act 2006

Payments into Welsh Consolidated Fund

Section 119:  Statement of Estimated Payments

453.In order to assist the Welsh Ministers in formulating a Budget motion under section 125 and to assist the Assembly in scrutinising that Budget motion, section 119 requires the Secretary of State to lay a written statement before the Assembly at least four months before the beginning of each financial year. The statement must contain an estimate of the total payments that the Secretary of State will pay into the WCF in that financial year. It must also contain an estimate of how much will be paid to the Welsh Ministers, the First Minister or the Counsel General in that financial year (whether by Ministers of the Crown, government departments or other persons), together with any other information that the Secretary of State considers appropriate (see subsections (1), (2), (4) and (5)).

454.Under subsection (3), the statement must also show how much of the Welsh Block Grant, voted to the Secretary of State for Wales by Parliament, the Secretary of State proposes to deduct (in particular, to meet the expenses of the Secretary of State’s own department, the Wales Office), before paying the remainder into the WCF.

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