Part 2Distribution of money under the general scheme
The distribution system: general
I117Apportionment of dormant account money
1
The apportionable income of the Big Lottery Fund in each financial year is to be apportioned as follows and distributed accordingly—
a
a prescribed percentage for meeting expenditure in relation to England;
b
a prescribed percentage for meeting expenditure in relation to Wales;
c
a prescribed percentage for meeting expenditure in relation to Scotland;
d
a prescribed percentage for meeting expenditure in relation to Northern Ireland.
The four percentages must add up to 100%.
2
Expenditure within paragraphs (a), (b), (c) and (d) of subsection (1) is referred to in this Part as English expenditure, Welsh expenditure, Scottish expenditure and Northern Ireland expenditure respectively.
3
For the purposes of this section, the apportionable income of the Big Lottery Fund for a given financial year is—
where—
A is the amount of dormant account money received by the Fund in the year;
B is the amount of the expenses defrayed in the year under subsections (1) and (2) of section 26;
C is the amount paid in the year under subsection (3)(b) of that section.
4
In this section “prescribed” means prescribed by an order made by the F1Minister for the Cabinet Office.
5
Before making an order under this section the F1Minister for the Cabinet Office shall consult—
a
the Welsh Ministers;
b
the Scottish Ministers;
c
the Department of Finance and Personnel in Northern Ireland;
d
the Big Lottery Fund;
e
such other persons (if any) as the F1Minister for the Cabinet Office thinks appropriate.
6
An order under this section may not be made unless a draft of the statutory instrument containing it has been laid before, and approved by a resolution of, each House of Parliament.