Seychelles - Transport Project
The amount up to which the authorisation was conferred for the use of resources for the year ending with 31 March 2023 is to be treated as further increased by £71,351,000,000.
In relation to the further amount treated as authorised by subsection (1)—
the amount up to which there is authorisation for use for current purposes is to be treated as further increased by £60,176,000,000, and
the amount up to which there is authorisation for use for capital purposes is to be treated as further increased by £11,175,000,000.
The amount up to which authorisation was conferred on the Treasury— is to be treated as further increased by £71,351,000,000.
to issue money out of the Consolidated Fund, and
to apply it in the year ending with 31 March 2023 for expenditure authorised by Parliament,
The increases for which this section provides are to be treated as having had effect from the beginning of 1 April 2022.
For the purposes of— the Main Estimates Act 2022 is to be treated as having effect with the adjustments provided for in the Schedule to this Act.
appropriating the amount of resources the use of which for the year ending with 31 March 2023 is authorised by section 1(1), and
appropriating the amount of money the issue of which out of the Consolidated Fund is authorised by section 1(3),
The Schedule specifies the amounts by which adjustments are to be treated as made to the amounts originally specified in the Scheduled Estimates in the Main Estimates Act 2022.
An adjustment in the Schedule has effect to increase an amount of authorised expenditure.
Where, in relation to a department, other person or service to which a Scheduled Estimate in the Main Estimates Act 2022 relates, the Schedule contains a new description of matters to which expenditure may relate or from which income may arise, the Schedule has effect for adjusting that Scheduled Estimate by treating the new description as included in it.
In this section, “Main Estimates Act 2022” means the Supply and Appropriation (Main Estimates) Act 2022.
The adjustments made by virtue of this section are to be treated as having had effect from the beginning of 1 April 2022.
This Act may be cited as the Supply and Appropriation (Adjustments) Act 2022.
Section 2 Estimate Net resources authorised for current purposes Net resources authorised for capital purposes Net Cash Requirement (£) (£) (£) Department for Business, Energy and Industrial Strategy Departmental Expenditure Limit 176,000,000 0 Annually Managed Expenditure 60,000,000,000 0 Non-budget Expenditure 0 Net Cash Requirement 60,176,000,000 Total 60,176,000,000 0 60,176,000,000 Departmental Expenditure Limit Expenditure arising from: The promotion of enterprise, innovation and increased productivity delivered through international trade and investment, regional investment and delivering regulatory reform, and measures to combat international bribery and corruption. The provision of support for business, including support for specific industries, small and medium businesses, regional programmes, programmes to promote research and development, innovation and standards, best practice and sustainable development. The provision of financial solutions to accelerate private sector investment and address market failures through the British Business Bank, and other similar intervention mechanisms. The promotion of strong, fair and competitive markets at home and abroad; measures to protect investors and consumers including from unsafe products and unfair practices; support for employment relations programmes and measures to promote a skilled and flexible labour market. The efficient management and discharge of liabilities falling to the Department and its partner organisations, including nuclear waste management and decommissioning, and liabilities in respect of former shipbuilding industry and former coal industry employees. The efficient management and discharge of specific costs falling to the Department and its partner organisations relating to outstanding personal injury claims against Thomas Cook. The management of the Government's shareholder interest in the portfolio of commercial businesses wholly or partly owned by Government; providing financial assistance to public corporations, and trading funds. The management of miscellaneous programmes including payments in respect of claims for the restitution of the property of victims of Nazi persecution. The payment of subscriptions and contributions to international organisations and fulfilment of international treaty obligations. Increasing science and research excellence in the United Kingdom and maximising its contribution to society. Support for space related programmes. Support for the activities of the Position, Navigation and Timing (PNT) Office. Making payments to local authorities in respect of Local Area Agreements and New Burdens responsibilities. Activities of UK Government Investments on behalf of the Department. Support for energy-related activities including regulation, civil emergency planning, energy resilience measures, environmental remediation and support and facilitation for new and sustainable or more efficient, or less carbon intensive energy sources, technologies, transmission and storage, security and non-proliferation. Respond to fuel poverty needs. Support for consumer and household energy bills. Measures to improve energy efficiency, security and environmental practice; payments to energy companies to reduce the impact of BEIS policies on bills. Work towards international agreement on climate change; promote and support actions to reduce national and global greenhouse gas emissions; climate modelling and risk assessment. Safety, environment and social impact programmes relating to nuclear sites in Central and Eastern Europe and the former Soviet Union and other countries where future G8 Global Partnership related initiatives may be pursued. Inspections and compliance in accordance with EU regulatory requirements and recovery of expenditure through cost sharing arrangements. Specialist support services, staff management and development; other departmental administration and non-cash costs; payments towards the United Kingdom Atomic Energy Authority Combined Pension Scheme deficit; exchange risk and other guarantee losses; publicity, promotion, publications, knowledge sharing initiatives and departmental research and development; surveys, monitoring, statistics, advice and consultancies; management of asset sales; Investment Security Unit; contributions to fund cross government initiatives; Payments to HM Treasury towards the cost of Infrastructure UK. Expenditure arising from the UK's departure from the European Union. Governmental response to the coronavirus Covid-19 pandemic. Grants to local authorities. Funding organisations supporting departmental objectives, including the department's executive agencies and arm's length bodies and their subsidiaries. The provision of financial solutions to accelerate private sector investment and address market failures through New Innovation Finance Products. Support for high risk projects with potential for transformative change through the Advanced Research and Invention Agency (ARIA), including set up costs. * The Energy Security Strategy, to enable or encourage the supply of energy, including acquisition, and making available or enabling access at government expense to, energy or related infrastructure. Income arising from: Receipts from other Government Departments and devolved administrations; the Advisory, Conciliation and Arbitration Service; the Insolvency Service. Receipts from statutory regulators in respect of expenses related to levies from industry. Receipts from licences and levies; Launch Investment receipts; Capital Venture Funds receipts; premium income and other receipts from Financial Guarantee schemes, and of dividends; equity withdrawals; interest on loans and loan repayments from the Land Registry, Ordnance Survey, Met Office, UK Intellectual Property Office and National Physical Laboratory. Income from investments; receipts from financial investments made by the British Business Bank and UK Research and Innovation; repayment of loans and investments; repayment of capital grants; repayments of grants and contributions; receipts from asset sales. European Fast Stream receipts; repayment of working capital loans; receipts from outside organisations (including the EU) in respect of advertising and publicity activities and materials; sale of research publications; receipts from the European Social Fund to cover departmental programmes; sponsorship funding. Receipts and profit from the sale of surplus land, buildings and equipment; rental income and repayments including from three domestic properties on the estate of the European School of Culture at Culham, Oxfordshire and from the National Physical Laboratory. Receipts associated with the closure of Partner Organisations. Receipts from LifeArc/MRC Technology, the Ufi Charitable Trust, and subsidiaries and shares in joint ventures of UK Research and Innovation, and other partner organisations, the public weather service and mapping services. Commercial loan recoveries in relation to UK Coal Production Limited. General administration receipts of the Department, its executive agencies, its arm's length bodies, and other partner organisations, including: the recovery of salaries and associated costs for seconded staff; sale of goods and services; HMRC receipts arising from the Research and Development Expenditure Credit; and interest from bank accounts and exchange rate gains and losses. Income relating to legal services, consultancy, publications, public enquiries, information, central services; occupancy charge; administrative and professional services; EU receipts; refund of input VAT not claimed in previous years on departmental expenditure; fees for services provided for energy resilience purposes; interest payments; non-cash income. Activities of UK Government Investments on behalf of the Department. Contributions from other organisations to cover the cost of activities they have agreed to fund in total or in part. Government carbon offsetting scheme receipts. Receipt and retention of financial securities relating to the decommissioning of renewable devices such as offshore wind. Receipts relating to the oil and gas industries (including petroleum licensing and levy receipts). Project Camelot Levy Receipts. Proceeds of Crime income generated in criminal enforcement. Receipts relating to the Nuclear Decommissioning Authority. * The Energy Security Strategy, to enable or encourage the supply of energy, including sale of, and making available or enabling access to, energy or related infrastructure. Annually Managed Expenditure Expenditure arising from: The efficient management and discharge of liabilities falling to the Department and its partner organisations, including nuclear waste management and decommissioning and liabilities in respect of former shipbuilding industry and former coal industry employees. Bad debts, impairments and provisions; other non-cash items. Departmental administration; financial guarantee schemes; regional investment and programmes; enterprise for small and medium firms; provision of support for business, including support for specific industries; support for innovation and research activity; miscellaneous programmes. Governmental response to the coronavirus Covid-19 pandemic. The management of asset sales. Payment of corporation tax. The provision of repayable credit facilities for Post Office Ltd; contributions to partner organisations' pension schemes, such as the Research Councils' Pension Scheme; and the provision of parental leave schemes. Activities of UK Government Investments on behalf of the Department. Renewable Heat Incentive including Renewable Heat Premium Payments. The expenditure of The NESTA Trust. Impairment of loans and investments; Exchange rate gains and losses. Efficient discharge of liabilities relating to contracts for difference for the supply of electricity. The Redundancy Payments Service. * Support for consumer and household, business and other non-domestic energy bills. The Energy Security Strategy, to enable or encourage the supply of energy, including acquisition, and making available or enabling access at government expense to, energy or related infrastructure. Income arising from: Receipts from Trading Funds. Receipts from asset sales. Income relating to repayment and recoveries of compensation and legal costs, distribution of surpluses from coal industry pension schemes and coal privatisation receipts. Refund of input VAT not claimed in previous years on departmental expenditure; interest payments; repayments of grants and contributions; non-cash income. Activities of UK Government Investments on behalf of the Department. Receipt of interest on loans and loan repayments from Post Office Ltd; receipts and income from investments in respect of The NESTA Trust. Income from Enrichment Holdings Ltd in respect of dividends from shares held by Enrichment Investments Ltd in URENCO. Dividends from shares held by Postal Services Holding Ltd in Royal Mail. Receipts relating to the Nuclear Decommissioning Authority. * The Energy Security Strategy, to enable or encourage the supply of energy, including sale of, and making available or enabling access to, energy or related infrastructure. Estimate Net resources authorised for current purposes Net resources authorised for capital purposes Net Cash Requirement (£) (£) (£) HM Treasury Departmental Expenditure Limit 0 0 Annually Managed Expenditure 0 11,175,000,000 Non-budget Expenditure 0 Net Cash Requirement 11,175,000,000 Total 0 11,175,000,000 11,175,000,000 Annually Managed Expenditure Expenditure arising from: Spending by HM Treasury on costs related to investment in, and financial assistance to, financial institutions and non-financial organisations, businesses and individuals. Includes credit easing, provision of guarantees, loans, compensation, warranties and indemnities and Infrastructure finance. Funding by core Treasury of tax costs and associated interest payments for certain retired police and fire service officers. Governmental response to the coronavirus Covid-19 pandemic. The production costs of UK coinage, including manufacture, purchase of metal, storage and distribution. Spending on Help to Buy ISA. Administration of the Equitable Life Payments Scheme and the creation and use of provisions. Spending by the Royal Household, UK Asset Resolution Limited, Help to Buy (HMT) Limited, Reclaim Fund Ltd, Pool Reinsurance Company Ltd and the UK Infrastructure Bank. Costs associated with the UK exiting the EU as per the Withdrawal Agreement. Income arising from: Transactions with financial institutions and public and private organisations, businesses and individuals including interest, fees and charges, dividends, loan repayments, sale of assets and other capital items. Income from the EU as agreed in the Withdrawal Agreement. Repayment of the UK's paid in capital from the European Investment Bank.
In this Schedule, where an asterisk (*) appears at the beginning of a description of matters to which expenditure may relate, or from which income may arise, the description is a description which was not included in the Schedule to the Supply and Appropriation (Main Estimates) Act 2022 as originally enacted. Text which follows an asterisk (*) is added by this Schedule.