The Heritage Lottery Fund will publish its new grant-making strategy in 2019.
Following consultation, the Department for Culture, Media and Sport (DCMS) has issued updated policy directions to the Heritage Lottery Fund in its role as a distributing body of National Lottery funds.
This is significant as it establishes the basis for the future distribution of Heritage Lottery grants.
DCMS 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:
o Who can receive funding;
o What the funding can used for; and
o 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.