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1013203

registered interest
date	23/11/2018
answering body	Department for Exiting the European Union
answering dept id	203
answering dept short name	Exiting the European Union
answering dept sort name	Exiting the European Union
hansard heading	EU Budget: Contributions
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether any final financial settlement with the EU resulting from Brexit will represent the UK's accumulated obligations; and if so, how much the accumulated obligations represent; and whether they will publish a breakdown of those obligations.
tabling member printed	Viscount Waverley
uin	HL11763
answer	answer is ministerial correction date of answer 06/12/2018 answer text <p><strong></strong>We have agreed a fair financial settlement with the EU as part of the draft Withdrawal Agreement which reflects the UK paying its share of the outstanding EU commitments made during the period of our membership. Our estimate, based on reasonable assumptions and publically available data, falls within the range of £35bn-£39bn, and the National Audit Office confirmed in April 2018 that these assumptions were reasonable.</p><p>Details of the basis on which that figure was reached can be found in the draft Withdrawal Agreement, published on November 14th, 2018. The Chancellor of the Exchequer also provided details to the Treasury Select Committee in January 2018, including a breakdown of the components of the settlement.</p><p> </p><p><strong><strong></strong><br></strong></p> answering member printed Lord Callanan question first answered 06/12/2018 16:53:30 answering member 4336 label Biography information for Lord Callanan
tabling member	1744 label Biography information for Viscount Waverley

1012163

registered interest
date	21/11/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Gold and Foreign Exchange Reserves
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether they have a role in deciding for which foreign governments and central banks the Bank of England should hold gold reserves; and if so, for which foreign governments and central banks the Bank of England holds gold reserves, and in what quantities.
tabling member printed	Viscount Waverley
uin	HL11690
answer	answer is ministerial correction date of answer 05/12/2018 answer text <p>HM Treasury does not have a role in deciding whether the Bank of England holds gold for foreign governments and central banks. HM Treasury is unable to substantiate whether the Bank of England holds gold for particular foreign governments and central banks as that is a matter for the Bank of England. The Bank of England does not share information on which foreign governments and central banks it holds gold reserves on behalf of or the value of that gold as this would contradict their customer confidentiality obligations.</p> answering member printed Lord Bates question first answered 05/12/2018 16:55:10 answering member 1091 label Biography information for Lord Bates
tabling member	1744 label Biography information for Viscount Waverley