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The National Fund was created in 1928 with an initial anonymous donation of £500,000 with the aim of eventually extinguishing the national debt. It has accumulated significant funds through further donations and income over the years, as set out in the attached <\/ins><\/strong>chart The terms of the deed of Trust for the National Fund are such that the Trustees are required to accumulate the net income and profits of the trust fund until the value of the fund along with its accumulated income, when added to the value of any other funds applicable for the same purpose, is sufficient to discharge the entirety of the National Debt. Given the terms of the trust, the money is currently \u2018locked\u2019 in the fund.<\/p> The Attorney General\u2019s Office is working with the Charity Commission and the Fund\u2019s trustees to help resolve this legally complicated matter.<\/p> <\/p> <\/p>"}
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], "questionText" : "To ask Her Majesty's Government what progress they have made in enabling the National Fund charity to make appropriate donations; and whether they intend to apply to the courts for a scheme allowing the Fund to be used for its original purpose.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
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, {"_about" : "http://data.parliament.uk/resources/670137", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/670137/answer", "answerText" : {"_value" : " Her Majesty\u2019s Government believes that a competitive market is the best way to keep prices low. Retail fuels markets are subject to UK competition law under the Competition and Markets Authority (CMA).<\/p> <\/p> The Department for Business, Energy and Industrial Strategy does not collect statistics by the nations or the regions of the UK but it does publish weekly UK statistics retail petrol and diesel prices: https://www.gov.uk/government/statistical-data-sets/oil-and-petroleum-products-weekly-statistics<\/a>. On 9 January 2017 the average retail price for petrol and diesel was 118.0 pence per litre and 121.3 pence per litre respectively.<\/p> <\/p>below<\/del>. It is currently estimated to be worth over £460 million.<\/p>