SCHEDULE 2Appropriation of amounts and sums voted for supply services and limits on appropriations in aid

Part 29Export Credits Guarantee Department, 2005–06

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 31st March 2006;

(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 (c. 20), on the resources applicable as appropriations in aid to meet those costs.

Estimate/Request for ResourcesNet Resources authorised for useGrants out of the Consolidated FundOperating Appropriations in AidNon-operating Appropriations in Aid
££££
EXPORT CREDITS GUARANTEE DEPARTMENT1,00020,000,000
1.  To provide export finance assistance through interest support to benefit the UK economy by facilitating exports51,461,00031,990,000
Interest support to banks and other lenders of export finance, grants towards financing of exports to match foreign competition, 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 exports1,000108,326,000
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, and on associated non-cash items.
TOTAL, 2005–0651,462,0001,000140,316,00020,000,000