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.
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.
this entity surface form:
Consolidated Fund