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UKRG Event “From the Outside In: Working with Registrars” Friday 5 September 2014 Tate Britain Carol Warner Manager, Government Indemnity Scheme Arts Council England carol.warner@artscouncil.org.uk
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Bolxuaam, a malagan sculpture by New Ireland artist Michael Homerang being carried by Brighton Museum staff. Photo: Jim Holden GIS and the Registrar
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Sharing our experiences of working with Registrars in the UK Who we are Why a Government Indemnity Scheme How we work together – challenges and opportunities Updates and new developments
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Who we are Government Indemnity Team (GIS) Carol Warner, Manager Lead for Nationals Authorise indemnities up to £1m Reporting and Forecasts Claims Olivia Basterfield, Assistant Lead for Non Nationals
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Advisers Anastasia Tennant Policy Adviser Authorises indemnities over £1m William Brown National Security Adviser Environmental Adviser Expert Advisers – Valuation ACE Finance Team
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AELCU, Arts Council England Accreditation Acceptance in Lieu Cultural Gifts Designation and Prism Export Licensing Government Indemnity Reviewing Committee (on Export of Works)
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Key Stakeholders & relationships Department for Culture, Media and Sport (DCMS) Cultural Property GIS users National and Non National institutions UKRG Individual Registrars
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The Government Indemnity Scheme (GIS) provides an alternative to commercial insurance for loans in to institutions within the UK
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In all cases, for indemnity to be granted there must be clear UK public benefit
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Indemnity can be given to private and public lenders based in the UK or overseas unless they are a UK national institution
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Who can apply? National institutions ‘Supported wholly or mainly from public funds provided by Parliament and which are outlined as eligible bodies in section 16(2) of the Act’ Non-national institutions local authority funded university funded National Trust properties independent applicants
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What Indemnity can be used for Exhibitions most frequent use covers the objects “nail to nail” Longer term loans maximum of three years per indemnity Research normally pre-exhibition public benefit still needs to be clear
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Guidelines NationalNon National
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What you provide
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Challenges Categories Complex applications People
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Opportunities Frequently Asked Questions
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Updates and developments Advocacy for GIS New Policy – Conditional Exemption Reinforcing guidance – Loan Agreements GIS Review
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Key dates – September 2014 Reporting Friday 19 September – GIS email Nationals Friday 10 October – Deadline for Nations Friday 31 October – GIS send report to DCMS
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Wedgewood Museum. Photo: Jon Stroud
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Using an average commercial rate of 0.003%, indemnity is currently saving the sector £18.5 million
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Contact us carol.warner@artscouncil.org.uk olivia.basterfield@artscouncil.org.uk anastasia.tennant@artscouncil.org.uk nationalsecurityadvisor@artscouncil.org.uk Enquiries line: 0845 300 6200 www.artscouncil.org/what-we-do/supporting-museums/cultural- property/proteching-cultural-objects/government-indemnity-scheme
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Thank you Ritual ewer and cover, Compton Verney. Photo: Prudence Cuming Associates Ltd
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