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752451
star this property registered interest false more like this
star this property date less than 2017-07-17more like thismore than 2017-07-17
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property 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
star this property tabling member printed
Lord Lansley remove filter
star this property uin HL897 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2017-07-28more like thismore than 2017-07-28
unstar this property 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>
star this property answering member printed Lord Bates more like this
star this property question first answered
less than 2017-07-28T12:36:22.497Zmore like thismore than 2017-07-28T12:36:22.497Z
unstar this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
123
unstar this property label Biography information for Lord Lansley more like this