Parliamentary Buildings (Restoration and Renewal) Act 2019 (c. 27)

SCHEDULES

SCHEDULE 4 U.K. Funding: Sponsor Body's Estimates

PART 1 U.K. Introduction

Interpretation U.K.

1 (1) In this Schedule— U.K.

• “Parliamentary approval” means approval by a resolution of each House of Parliament;

• “phase one” means the period that—

  (a)

  begins with the first day on which any provision of section 1 comes into force, and

  (b)

  ends when Parliamentary approval is obtained for the purposes of section 7(2)(a) and (b) (approval relating to works and funding);

• “phase one works” means the Parliamentary building works that are not phase two works (and “phase one expenditure” means expenditure in connection with phase one works);

• “phase two” means the period that—

  (a)

  begins when Parliamentary approval is obtained for the purposes of section 7(2)(a) and (b), and

  (b)

  ends with completion of the Parliamentary building works;

• “phase two works” means the Parliamentary building works that are proposed to be carried out during phase two (and “phase two expenditure” means expenditure in connection with phase two works).

(2) For the purposes of the definitions of “phase one” and “phase two”, where one House passes a resolution on a different day from the other House, the reference to the day on which Parliamentary approval is given is to be read as a reference to the second of those days.

Assessment of expenditure U.K.

2 (1) The Delivery Authority must, at least once during each assessment period that begins during phase one, assess the total amount of phase one expenditure. U.K.

(2) That amount is to be found by adding together—

(a) the amount of phase one expenditure that has already been incurred, and

(b) the amount of further phase one expenditure that the Delivery Authority expects to be incurred.

(3) The Delivery Authority must, at least once during each assessment period that begins during phase two, assess the total amount of phase two expenditure.

(4) That amount is to be found by adding together—

(a) the amount of phase two expenditure that has already been incurred, and

(b) the amount of further phase two expenditure that the Delivery Authority expects to be incurred.

(5) In this paragraph “assessment period” means—

(a) the period of 6 months beginning with the first day on which any provision of this Schedule comes into force, and

(b) each subsequent period of 6 months.

(6) The Delivery Authority must give the Sponsor Body an assessment under this paragraph as soon as practicable after it is made.

(7) In this Schedule—

(a) “phase one cost assessment” means an assessment under sub-paragraph (1);

(b) “phase two cost assessment” means an assessment under sub-paragraph (3).