The Government has agreed a Memorandum of Understanding (MoU) with the Olympic Lottery Distributor (OLD).  Under this MoU the Government will ensure that the OLD will receive a proportionate share, as laid down in the Grant Memorandum between OLD and ODA, of any income received in relation to the Olympic Village or other assets that were partly funded by lottery money.  In a press release issued on 9 February 2010, the DCMS also confirmed that the London 2012 Olympic and Paralympic Games remain on time and within budget.  Click on the link to read the full Media Release.