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Consolidated Fund Act

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]

List edit

Consolidated Fund (Permanent Charges Redemption) Acts edit

Consolidated Fund (Permanent Charges Redemption) Act 1873
Act of Parliament
 
Long titleAn Act to make provision for the Redemption of divers permanent Charges on the Consolidated Fund and on the Votes of Parliament.
Citation36 & 37 Vict. c. 57
Dates
Royal assent28 July 1873
Other legislation
Amended by
  • Consolidated Fund (Permanent Charges Redemption) Act 1883
Repealed byStatute Law (Repeals) Act 2004
Status: Repealed
Text of statute as originally enacted

Consolidated Fund (Permanent Charges Redemption) Act 1883
Act of Parliament
 
Long titleAn Act to amend the Consolidated Fund (Permanent Charges Redemption) Act 1873.
Citation46 & 47 Vict. c. 1
Dates
Royal assent20 March 1883
Other legislation
Amends
  • Consolidated Fund (Permanent Charges Redemption) Act 1873
Amended by
Repealed byStatute Law (Repeals) Act 2004

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]

Northern Ireland edit

Consolidated Fund Measure (Northern Ireland) 1974
 
Long titleA 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.
Citation1974 c. 1 (N.I.)
Dates
Royal assent26 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]

References edit

  1. ^ a b Bradley & Ewing (2003) pp202-203
  2. ^ The Law Commission. Statute Law Revision: Third Report. Draft Statute Law (Repeals) Bill. Law Com 37. Cmnd 4546. HMSO. London. December 1970. Page 23.
  3. ^ Consolidated Fund Act 1816 as in force today (as of November 2020)
  4. ^ The Consolidated Fund (Permanent Charges Redemption) Act 1883 (46 & 47 Vict. c. 1), section 1
  5. ^ 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.

Bibliography edit

  • Bradley, A.W.; Ewing, K.D. (2003). Constitutional and Administrative Law (13th ed.). London: Pearson. pp. 202–203. ISBN 0-582-43807-1.
  • HM Treasury (2000). Government Accounting: A Guide on Accounting and Financial Procedures. London: Stationery Office Books. ISBN 0-11-702668-9.
  • 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 edit

  • "Consolidated Fund Act 2007". Office of Public Sector Information. Retrieved 3 March 2008.

consolidated, fund, parliament, united, kingdom, passed, allow, like, appropriation, treasury, issue, funds, consolidated, fund, typical, structure, such, begins, with, long, title, which, defines, which, financial, years, applies, this, followed, preamble, th. 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 Contents 1 List 2 Consolidated Fund Permanent Charges Redemption Acts 3 Northern Ireland 4 References 5 Bibliography 6 External linksList editFurther information List of Consolidated Fund Acts from the 19th century and List of Consolidated Fund Acts from the 20th centuryConsolidated Fund Permanent Charges Redemption Acts editConsolidated Fund Permanent Charges Redemption Act 1873Act of Parliament nbsp Parliament of the United KingdomLong titleAn Act to make provision for the Redemption of divers permanent Charges on the Consolidated Fund and on the Votes of Parliament Citation36 amp 37 Vict c 57DatesRoyal assent28 July 1873Other legislationAmended byConsolidated Fund Permanent Charges Redemption Act 1883Repealed byStatute Law Repeals Act 2004Status RepealedText of statute as originally enacted Consolidated Fund Permanent Charges Redemption Act 1883Act of Parliament nbsp Parliament of the United KingdomLong titleAn Act to amend the Consolidated Fund Permanent Charges Redemption Act 1873 Citation46 amp 47 Vict c 1DatesRoyal assent20 March 1883Other legislationAmendsConsolidated Fund Permanent Charges Redemption Act 1873Amended byStatute Law Revision Act 1898Repealed byStatute Law Repeals Act 2004 The Consolidated Fund Permanent Charges Redemption Acts 1873 and 1883 was the collective title of the Consolidated Fund Permanent Charges Redemption Act 1873 36 amp 37 Vict c 57 and the Consolidated Fund Permanent Charges Redemption Act 1883 46 amp 47 Vict c 1 4 Northern Ireland editConsolidated Fund Measure Northern Ireland 1974 nbsp Northern Ireland Assembly 1973 Long titleA 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 Citation1974 c 1 N I DatesRoyal assent26 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 References edit a b Bradley amp 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 amp 47 Vict c 1 section 1 Measures and Orders in Council 1974 pp 1 amp 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 Bibliography editBradley A W Ewing K D 2003 Constitutional and Administrative Law 13th ed London Pearson pp 202 203 ISBN 0 582 43807 1 HM Treasury 2000 Government Accounting A Guide on Accounting and Financial Procedures London Stationery Office Books ISBN 0 11 702668 9 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 amp 118 to 121 See also pages 83 and 202 External links edit Consolidated Fund Act 2007 Office of Public Sector Information Retrieved 3 March 2008 Retrieved from https en wikipedia org w index php title Consolidated Fund Act amp oldid 1211972057, wikipedia, wiki, book, books, library,

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