Sovereign Grant
The question
To ask the Chancellor of the Exchequer, how often HM Treasury reviews (a) the level of the Sovereign Grant, and (b) what criteria are used in that review.
Answered by James Murray
The requirements for reviewing the Sovereign Grant have been set by Parliament in the Sovereign Grant Act 2011, sections 6 and 7.
The Government has also committed to bring forward legislation to reset the Grant to a lower level from 2027-28 once Buckingham Palace Reservicing works are completed.
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