Consolidated Fund (Appropriation) Act 2007-08
- Type of Bill:
- Government Bill
- Sponsors:
- Jane Kennedy
HM Treasury - Lord Davies of Oldham
HM Treasury
Progress of the Bill
Bill started in the House of Commons
- House of Commons
-
- House of Lords
-
-
- Royal Assent
Last event
-
Royal Assent 20 March, 2008
|
20.03.2008
Act of Parliament
| House | Act | Date |
|---|---|---|
|
|
Appropriation Act 2008 (c. 3) - html version | 20.03.2008 |
Summary of the Bill
The Bill provides parliamentary authority for funds requested by the Government. It is part of what is known as supply procedure. This is how Parliament grants the Government’s requests for resources.
Two Consolidated Fund (Appropriation) Bills are passed each year, in March and July. They are sometimes referred to simply as ‘Appropriation Bills’. These, together with the Consolidated Fund Bill, provide authorisation from Parliament for the resources sought by the Government. Proceedings on the Bill are formal (ie there is no debate and the Bill goes through ‘on the nod’).
Key areas:
- The Bill authorises provision sought in the Spring Supplementary Estimates for 2007/08 and the Statement of Excesses for 2006/07
- The Bill authorises the release of money from the Consolidated Fund which is the Government’s bank account
- The Bill places limits on the purposes for which the money may be spent.
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