British Film Institute financial directions for the National Lottery
The financial directions issued to the British Film Institute in its role as a distributing body of National Lottery funds.
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The Department for Culture, Media and Sport sets the policy and financial framework within which the distributing bodies for National Lottery grants operate. The Secretary of State for Culture, Media and Sport issues policy and financial directions to the English and UK-wide lottery distributing bodies, apart from the Big Lottery Fund. The Minister for the Cabinet Office issues policy directions to the Big Lottery Fund.
The policy directions set the framework within which the distributing bodies operate. These include considerations relating to:
- who can receive funding
- what the funding can used for
- the conditions the distribution body must meet
The financial directions relate to financial propriety and efficiency. They are designed to secure the proper management and control by a distributing body of the lottery funds available to it.