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752451
registered interest false more like this
date remove filter
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government under what circumstances a Government financial guarantee to a capital investment project will lead to the definition of expenditure on that project being classified as public expenditure. more like this
tabling member printed
Lord Lansley more like this
uin HL897 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-28more like thismore than 2017-07-28
answer text <p>If a capital investment project involves both the private sector and the public sector, an assessment is required to determine the level of government intervention in a project. This will also determine whether government is bearing a majority of the risks and rewards associated with the project and therefore incurring public expenditure for the capital investment of the project. The assessment would be made by the independent Office for National Statistics (ONS) using the national accounts conceptual framework, the European system of national and regional accounts in the European Union (ESA10)<sup><sup>[1]</sup></sup> enforceable EU Regulation No. 549/2013 and associated guidance in the Manual on Government Deficit and Debt<sup><sup>[2]</sup></sup> and a guide to the Statistical Treatment of PPPs<sup><sup>[3]</sup></sup> published by Eurostat.</p><p> </p><p> </p><p>[1] http://ec.europa.eu/eurostat/cache/metadata/Annexes/nasa_10_f_esms_an1.pdf</p><p>[2] http://ec.europa.eu/eurostat/documents/3859598/7203647/KS-GQ-16-001-EN-N.pdf/5cfae6dd-29d8-4487-80ac-37f76cd1f012</p><p>[3] http://www.eib.org/epec/resources/publications/epec_eurostat_guide_ppp</p>
answering member printed Lord Bates more like this
question first answered
remove filter
answering member
1091
label Biography information for Lord Bates more like this
tabling member
123
label Biography information for Lord Lansley more like this