A Consolidated Fund Act is an act of the Parliament of the United Kingdom passed to allow, like an Appropriation Act, the Treasury to issue funds out of the Consolidated Fund. [1]
The typical structure of such an act begins with the long title, which defines which financial years the act applies to. This is followed by a preamble and then the enacting clause:
Whereas the Commons of the United Kingdom in Parliament assembled have resolved to authorise the use of resources and the issue of sums out of the Consolidated Fund towards making good the supply which they have granted to Her Majesty in this Session of Parliament:—
Be it therefore enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
Until 2000 an older form of preamble was used:[ citation needed ]
Most Gracious Sovereign,
WE, Your Majesty's most dutiful and loyal subjects, the Commons of the United Kingdom in Parliament assembled, towards making good the supply which we have cheerfully granted to Your Majesty in this Session of Parliament, have resolved to grant unto Your Majesty the sums hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted and be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
If, as most of the acts do, the legislation covers two fiscal years the legislation's first two sections will contain the amounts to be paid out of the Consolidated Fund for each particular financial year. The third section of the act defines its short title. Typically two or three consolidated fund acts are passed each calendar year. [1]
A Consolidated Fund Act normally becomes spent on the conclusion of the financial year to which it relates. [2] However, the Consolidated Fund Act 1816 (56 Geo. 3. c. 98) is still in force, since it combined the consolidated funds of Great Britain and Ireland into one consolidated fund of the United Kingdom. [3]
Consolidated Fund (Permanent Charges Redemption) Act 1873 | |
---|---|
Act of Parliament | |
Long title | An Act to make provision for the Redemption of divers permanent Charges on the Consolidated Fund and on the Votes of Parliament. |
Citation | 36 & 37 Vict. c. 57 |
Dates | |
Royal assent | 28 July 1873 |
Other legislation | |
Amended by |
|
Repealed by | Statute Law (Repeals) Act 2004 |
Status: Repealed | |
Text of statute as originally enacted |
Consolidated Fund (Permanent Charges Redemption) Act 1883 | |
---|---|
Act of Parliament | |
Long title | An Act to amend the Consolidated Fund (Permanent Charges Redemption) Act 1873. |
Citation | 46 & 47 Vict. c. 1 |
Dates | |
Royal assent | 20 March 1883 |
Other legislation | |
Amends |
|
Amended by | |
Repealed by | Statute Law (Repeals) Act 2004 |
Status: Repealed |
The Consolidated Fund (Permanent Charges Redemption) Acts 1873 and 1883 was the collective title of the Consolidated Fund (Permanent Charges Redemption) Act 1873 (36 & 37 Vict. c. 57) and the Consolidated Fund (Permanent Charges Redemption) Act 1883 (46 & 47 Vict. c. 1). [4]
Consolidated Fund Measure (Northern Ireland) 1974 | |
---|---|
Long title | A Measure to apply certain sums out of the Consolidated Fund to the service of the years ending on 31st March 1974 and 31st March 1975. |
Citation | 1974 c. 1 (N.I.) |
Dates | |
Royal assent | 26 March 1974 |
The Consolidated Fund Measure (Northern Ireland) 1974 (c. 1 (NI)) was a measure of the Northern Ireland Assembly. See further section 5(1) of the Appropriation (Northern Ireland) Order 1974 (SI 1974/1266) (NI 1). [5]
In many states with political systems derived from the Westminster system, a consolidated fund or consolidated revenue fund is the main bank account of the government. General taxation is taxation paid into the consolidated fund, and general spending is paid out of the consolidated fund.
A Finance Act is the headline fiscal (budgetary) legislation enacted by the UK Parliament, containing multiple provisions as to taxes, duties, exemptions and reliefs at least once per year, and in particular setting out the principal tax rates for each fiscal year.
In certain jurisdictions, including the United Kingdom and other Westminster-influenced jurisdictions, as well as the United States and the Philippines, primary legislation has both a short title and a long title.
An act of Tynwald is a statute passed by Tynwald, the parliament of the Isle of Man.
The Crown and Parliament Recognition Act 1689 was an Act of the Parliament of England, passed in April 1690 but backdated to the start of the parliamentary session, which started on 20 March 1690. It was designed to confirm the succession to the throne of King William III and Queen Mary II of England and to confirm the validity of the laws passed by the Convention Parliament which had been irregularly convened following the Glorious Revolution and the end of James II's reign.
An Appropriation Act is an Act of the Parliament of the United Kingdom which, like a Consolidated Fund Act, allows the Treasury to issue funds out of the Consolidated Fund. Unlike a Consolidated Fund Act, an Appropriation Act also "appropriates" the funds, that is allocates the funds issued out of the Consolidated Fund to individual government departments and Crown bodies. Appropriation Acts were formerly passed by the Parliament of Great Britain.
Most Excellent Majesty is a form of address in the United Kingdom. It is mainly used in Acts of Parliament, where the phrase "the King's [Queen's] most Excellent Majesty" is used in the enacting clause.
An Act of Parliament in the United Kingdom is primary legislation passed by the UK Parliament in Westminster, London.
Statute Law Revision Act is a stock short title which has been used in Antigua, Australia, Barbados, Bermuda, Canada, Ghana, the Republic of Ireland, South Africa and the United Kingdom, for Acts with the purpose of statute law revision. Such Acts normally repealed legislation which was expired, spent, repealed in general terms, virtually repealed, superseded, obsolete or unnecessary. In the United Kingdom, Statute Law (Repeals) Acts are now passed instead. "Statute Law Revision Acts" may collectively refer to enactments with this short title.
The Short Titles Act 1896 is an act of the Parliament of the United Kingdom. It replaces the Short Titles Act 1892.
The Interpretation Act 1889 was an act of the Parliament of the United Kingdom.
The Piracy Act 1850, sometimes called the Pirates Repeal Act 1850, is an Act of the Parliament of the United Kingdom. It relates to proceedings for the condemnation of ships and other things taken from pirates and creates an offence of perjury in such proceedings.
The Larceny (Advertisements) Act 1870 was an act of the Parliament of the United Kingdom. According to its preamble, the purpose of this Act was to discourage vexatious proceedings, at the instance of common informers, against printers and publishers of newspapers, under section 102 of the Larceny Act 1861.