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UKRG Event “From the Outside In: Working with Registrars”

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. GIS and the Registrar.

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UKRG Event “From the Outside In: Working with Registrars”

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  1. 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

  2. GIS and the Registrar Bolxuaam, a malagan sculpture by New Ireland artist Michael Homerang being carried by Brighton Museum staff. Photo: Jim Holden

  3. 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

  4. 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

  5. Advisers • Anastasia Tennant • Policy Adviser • Authorises indemnities over £1m • William Brown • National Security Adviser • Environmental Adviser • Expert Advisers – Valuation • ACE Finance Team

  6. AELCU, Arts Council England • Accreditation • Acceptance in Lieu • Cultural Gifts • Designation and Prism • Export Licensing • Government Indemnity • Reviewing Committee (on Export of Works)

  7. Key Stakeholders & relationships • Department for Culture, Media and Sport (DCMS) • Cultural Property • GIS users • National and Non National institutions • UKRG • Individual Registrars

  8. The Government Indemnity Scheme (GIS) provides an alternative to commercial insurance for loans in to institutions within the UK

  9. In all cases, for indemnity • to be granted there must be clear UK • public benefit

  10. Indemnity can be given to private and public lenders based in the UK or overseas unless they are a UK national institution

  11. 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

  12. 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

  13. Guidelines • National • Non National

  14. What you provide

  15. Challenges • Categories • Complex applications • People

  16. Opportunities • Frequently Asked Questions

  17. Updates and developments • Advocacy for GIS • New Policy – Conditional Exemption • Reinforcing guidance – Loan Agreements • GIS Review

  18. 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

  19. Wedgewood Museum. Photo: Jon Stroud

  20. Using an average commercial rate • of 0.003%, indemnity is currently saving the sector £18.5 million

  21. 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

  22. Thank you Ritual ewer and cover, Compton Verney. Photo: Prudence Cuming Associates Ltd

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