SCHEDULE 2Appropriation of amounts and sums voted for supply services and limits on appropriations in aid
Part 13Export Credits Guarantee Department, 2010—11
Table of—
a
the further resources authorised for use to meet the costs of the services and purposes which are specified in the first column of the Table for the year ending with 31 March 2011;
b
the further sums authorised for issue out of the Consolidated Fund to meet those costs; and
c
limits set, for the purposes of section 2 of the Government Resources and Accounts Act 2000, on the resources applicable as appropriations in aid to meet those costs.
Estimate/ Request for Resources | Net Resources authorised for use | Grants out of the Consolidated Fund | Operating Appropriations in Aid | Non-Operating Appropriations in Aid |
|---|---|---|---|---|
£ | £ | £ | £ | |
EXPORT CREDITS GUARANTEE DEPARTMENT | 1,000 | 0 | ||
1. To provide export finance assistance through interest support to benefit the UK economy by facilitating exports | 1,000 | 25,571,000 | ||
Interest support to banks and other lenders of export finance and the funding of the refinancing programme, and on associated non-cash items. | ||||
2. To provide export credit guarantees and investment insurance to benefit the UK economy by facilitating exports | 1,000 | 91,957,000 | ||
Export credit guarantees given in the national interest or to render economic assistance to overseas countries, overseas investment insurance, residual commitments under discontinued facilities, the cost escalation scheme subvention for the active management of the portfolio; provision of advice and services, relating to credit guarantees and insurance, to other government departments, and on associated non-cash items. | ||||
TOTAL, 2010—11 | 2,000 | 1,000 | 117,528,000 | 0 |