Consolidated Fund Act
Template:Use dmy dates 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:
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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]
List
Consolidated Fund (Permanent Charges Redemption) Acts
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Northern Ireland
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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]
References
Bibliography
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- Norman Wilding and Philip Laundy. "Consolidated Fund Acts". An Encyclopaedia of Parliament. Third Edition. Frederick A Praeger. New York and Washington. 1968. Pages 167 and 168. See also pages 24, 25, 255, 264, 536 and 596.
- Will Bateman. Public Finance and Parliamentary Constitutionalism. Cambridge University Press. 2020. Page 30 et seq.
- Edward Hamilton, "Ways and Means Advances", 1893, reproduced in Wormell (ed). National Debt in Britain, 1850-1930. Routledge. 1999. Volume 6. Pages 117 & 118 to 121. See also pages 83 and 202.
External links
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- ↑ a b Bradley & Ewing (2003) pp202-203
- ↑ The Law Commission. Statute Law Revision: Third Report. Draft Statute Law (Repeals) Bill. Law Com 37. Cmnd 4546. HMSO. London. December 1970. Page 23.
- ↑ Consolidated Fund Act 1816 as in force today (as of November 2020)
- ↑ The Consolidated Fund (Permanent Charges Redemption) Act 1883 (46 & 47 Vict. c. 1), section 1
- ↑ Measures and Orders in Council 1974, pp 1 & 28. Parliamentary Papers (House of Commons and Command), Volume 17. Northern Ireland Assembly, Official Report of Debates, vol 2, cols 1415, 1430 to 1446, 1466 to 1468, 1480, 1481, 1488, 1489. "Northern Ireland Measures" (1974) 25 Northern Ireland Legal Quarterly 196. Hadfield, The Constitution of Northern Ireland, 1989, p 117. Bleakley, Faulkner: Conflict and Consent in Irish Politics, 1974, p 194.