Security Industry Authority: Finance
The question
To ask the Secretary of State for the Home Department, whether she plans to provide additional funding to the Security Industry Authority following the passage of the Terrorism (Protection of Premises) Bill.
Answered by Dan Jarvis
The regulator function of the Terrorism (Protection of Premises) Bill will be delivered as a new function of the Security Industry Authority and will be funded by the Home Office.
The Security Industry Authority has an existing licence fee-funded arrangement that will not be used to deliver its functions under this Bill.
Work is ongoing to design the new regulatory regime and to finalise costs.
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