UK Consolidated Fund

E603873

The UK Consolidated Fund is the central government account into which most public revenue is paid and from which core state expenditure is authorized and disbursed.

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Observed surface forms (1)

Surface form Occurrences
Consolidated Fund 1

Statements (45)

Predicate Object
instanceOf central government account
government fund
administeredBy HM Treasury NERFINISHED
alsoKnownAs Consolidated Fund NERFINISHED
associatedWith Chancellor of the Exchequer NERFINISHED
Comptroller and Auditor General NERFINISHED
controlledBy UK Parliament NERFINISHED
country United Kingdom
currency Pound sterling
distinctFrom National Insurance Fund NERFINISHED
National Loans Fund NERFINISHED
local authority funds
expenditureAuthorizedBy Act of Parliament
Appropriation Acts NERFINISHED
Consolidated Fund Acts NERFINISHED
expenditureType consolidated fund standing services
voted expenditure
fundingSource National Insurance contributions transferred to the Exchequer
UK central government tax revenues
non‑tax receipts of central government
hasAccountType non‑interest‑bearing government account
heldAt Bank of England NERFINISHED
historicalPrecursor English Consolidated Fund NERFINISHED
Irish Consolidated Fund NERFINISHED
legalBasis Constitutional conventions of the United Kingdom NERFINISHED
various UK public finance statutes
managedBy HM Treasury NERFINISHED
oversightBy National Audit Office NERFINISHED
partOf UK Exchequer NERFINISHED
UK public finances
paysFor central government departmental spending
certain judicial and constitutional offices
debt interest on UK government debt
some payments to devolved administrations via the Treasury
purpose to provide a single account from which core state expenditure is paid
to receive most central government tax revenues
to support the control of public spending by Parliament
relatedTo Appropriation Act
Consolidated Fund Act NERFINISHED
Supply Estimates
UK Budget
reportsTo UK Parliament NERFINISHED
subjectTo UK public finance rules
parliamentary control
usedBy central government departments

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Welsh Consolidated Fund relatedTo UK Consolidated Fund
Civil List Act 1952 fundingSource UK Consolidated Fund
this entity surface form: Consolidated Fund