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<p>The contingent liability approval framework sets out government’s policy framework
for new contingent liabilities and a delegation approach.</p><p> </p><p>The government
is committed to transparency on its contingent liability portfolio. For that reason,
at the 2023 Autumn Statement UKGI published a comprehensive assessment of government
exposure to contingent liabilities, the “Annual Report on the UK Government’s Contingent
Liabilities, November 2023”.</p><p> </p><p>Government also reports individual liabilities
to parliament, as set out in Managing Public Money.</p>
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