Consultation outcome

Shale Wealth Fund

This was published under the 2016 to 2019 May Conservative government
This consultation has concluded

Read the full outcome

Shale Wealth Fund: response to the consultation

Detail of outcome

The government response to this consultation sets out a clear framework for how local communities will directly benefit from a share of the tax revenues from shale development. This includes the principle that local communities will decide how money is spent, and the next steps for developing the details of how that process will operate.

Read the news story.


Original consultation

Summary

A consultation seeking views on the delivery method and priorities of the Shale Wealth Fund.

This consultation ran from
to

Consultation description

The government is consulting in order to seek views on the delivery method and priorities of the Shale Wealth Fund. Responses are welcomed from individuals or from organisations, such as charities, businesses, local authorities and community groups.

The consultation seeks to explore the following key issues:

  • what the government’s priorities should be for the Shale Wealth Fund
  • the allocation of funding from the Shale Wealth Fund to different stakeholder groups
  • the extent to which the industry community benefits scheme and the Shale Wealth Fund should be aligned
  • potential delivery models for the Shale Wealth Fund – to ensure that households and communities benefit, and to
  • decide how funds are spent, and how any process should be administered

Documents

Shale Wealth Fund: consultation

Updates to this page

Published 8 August 2016
Last updated 11 November 2017 + show all updates
  1. Response document published

  2. First published.

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