Consolidated Fund Act Explained

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:

Until 2000 an older form of preamble was used:

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

See also: List of Consolidated Fund Acts from the 19th century and List of Consolidated Fund Acts from the 20th century.

Consolidated Fund (Permanent Charges Redemption) Acts

Short Title:Consolidated Fund (Permanent Charges Redemption) Act 1873
Type:Act
Parliament:Parliament of the United Kingdom
Long Title:An Act to make provision for the Redemption of divers permanent Charges on the Consolidated Fund and on the Votes of Parliament.
Year:1873
Citation:36 & 37 Vict. c. 57
Royal Assent:28 July 1873
Repealing Legislation:Statute Law (Repeals) Act 2004
Status:repealed
Original Text:https://www.legislation.gov.uk/ukpga/Vict/36-37/57/contents/enacted
Collapsed:yes
Short Title:Consolidated Fund (Permanent Charges Redemption) Act 1883
Type:Act
Parliament:Parliament of the United Kingdom
Long Title:An Act to amend the Consolidated Fund (Permanent Charges Redemption) Act 1873.
Year:1883
Citation:46 & 47 Vict. c. 1
Royal Assent:20 March 1883
Repealing Legislation:Statute Law (Repeals) Act 2004
Collapsed:yes

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

Short Title:Consolidated Fund Measure (Northern Ireland) 1974
Parliament:Northern Ireland Assembly (1973)
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.
Year:1974
Citation:1974 c. 1 (N.I.)
Royal Assent:26 March 1974
Collapsed:yes

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]

Bibliography

External links

Notes and References

  1. 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. https://www.legislation.gov.uk/ukpga/Geo3/56/98/contents?match-1 Consolidated Fund Act 1816 as in force today
  4. The Consolidated Fund (Permanent Charges Redemption) Act 1883 (46 & 47 Vict. c. 1), section 1
  5. https://books.google.com/books?id=DvFLAQAAIAAJ Measures and Orders in Council 1974