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house id	2
human indexable	true
min answer date	2019-03-27
title	House of Lords Tabled Parliamentary Question 2019%2F21 HL2334

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registered interest

date

exactly:

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and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member printed

uin

answer

is ministerial correction

date of answer

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or between:
and

answer text

answering member printed

question first answered

answering member


label

tabling member


label

1183431

registered interest

date

09/03/2020

answering body

Attorney General

answering dept id

answering dept short name

Attorney General

answering dept sort name

Attorney General

hansard heading

National Fund

house id

legislature

25277

pref label	House of Lords

question text

To ask Her Majesty's Government, further to the Written Answer by Lord Keen of Elie on 14 March 2019 (HL14162), what was the outcome of the Attorney General’s application to the High Court on 22 May 2018 to release the assets of the National Fund; and whether that charity’s up-to-date accounts have been filed with the Charity Commission.

tabling member printed

Baroness Hayter of Kentish Town

uin

HL2334

answer

is ministerial correction

date of answer

17/03/2020

answer text

The National Fund was created in 1928 with the purpose of paying off the entire national debt. At present the fund cannot be used unless it completely clears the national debt, due to the terms of the fund’s charitable trust. On 22 May 2018 the then Attorney General made an application to the High Court to vary the terms of the charitable trust so that the National Fund can be used to help pay down the national debt. It is now for the High Court to decide whether the terms of the charitable trust should be varied. If the application is successful the money in the fund will be paid over to the National Debt Commissioners towards the reduction of the national debt. The hearing in the High Court is scheduled for October 2020. The website of the Charity Commission indicates that the accounts of the National Fund for 05 April 2019 are overdue.

answering member printed

Lord Keen of Elie

question first answered

17/03/2020 11:36:50

answering member

4538

label	Biography information for Lord Keen of Elie

tabling member

4159

label	Biography information for Baroness Hayter of Kentish Town