Northern Ireland Consolidated Fund
E603875
The Northern Ireland Consolidated Fund is the main government account into which most public revenues for Northern Ireland are paid and from which public expenditure is authorized and disbursed.
Statements (36)
| Predicate | Object |
|---|---|
| instanceOf |
government fund
ⓘ
public finance account ⓘ |
| accountingStandard | UK central government accounting rules ⓘ |
| beneficiary | residents of Northern Ireland ⓘ |
| controlledBy | Northern Ireland Executive NERFINISHED ⓘ |
| country | United Kingdom ⓘ |
| currency | Pound sterling ⓘ |
| disbursesTo |
Northern Ireland Executive
NERFINISHED
ⓘ
Northern Ireland departments NERFINISHED ⓘ programmes authorized by the Northern Ireland Assembly ⓘ |
| expenditureAuthorizedBy | appropriation acts of the Northern Ireland Assembly ⓘ |
| follows | Consolidated Fund model used in the United Kingdom ⓘ |
| governedBy |
Northern Ireland public finance legislation
ⓘ
UK public finance law ⓘ |
| hasCharacteristic |
centralized account for most Northern Ireland public money
ⓘ
expenditure must be authorized by law ⓘ |
| jurisdiction | Northern Ireland ⓘ |
| legalBasis |
Northern Ireland Act 1998
NERFINISHED
ⓘ
budget and appropriation legislation of the Northern Ireland Assembly ⓘ |
| managedBy | Department of Finance (Northern Ireland) NERFINISHED ⓘ |
| oversightBy |
Northern Ireland Assembly
NERFINISHED
ⓘ
Public Accounts Committee of the Northern Ireland Assembly NERFINISHED ⓘ |
| partOf | public finances of the United Kingdom ⓘ |
| purpose | to provide a single account for most public revenues and expenditures of Northern Ireland ⓘ |
| receivesFrom |
UK Consolidated Fund
NERFINISHED
ⓘ
locally raised taxes and charges in Northern Ireland ⓘ other public revenues payable to the Northern Ireland Executive ⓘ |
| relatedTo |
Scottish Consolidated Fund
NERFINISHED
ⓘ
UK Consolidated Fund NERFINISHED ⓘ Welsh Consolidated Fund NERFINISHED ⓘ |
| subjectTo | audit by the Northern Ireland Audit Office ⓘ |
| typeOfExpenditure | devolved public services in Northern Ireland ⓘ |
| typeOfRevenueIncluded |
block grant from the UK government
ⓘ
locally raised revenue ⓘ |
| use |
financing public expenditure in Northern Ireland
ⓘ
holding public revenues for Northern Ireland ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.