Consolidated Fund Act 2009-10
- Type of Bill:
- Government Bill
- Sponsors:
- Mr Chancellor of the Exchequer
HM Treasury - Lord Myners
HM Treasury
Progress of the Bill
Bill started in the House of Commons
- House of Commons
-
- House of Lords
-
-
- Royal Assent
Last events
-
2nd reading: House of Lords 16 December, 2009
|
16.12.2009
-
3rd reading: House of Lords (no debate)
|
16.12.2009
-
Royal Assent 16 December, 2009
|
16.12.2009
- Committee negatived: House of Lords (no debate) | 16.12.2009
Act of Parliament
| House | Act | Date |
|---|---|---|
|
|
Consolidated Fund Act 2009 ch.27 | PDF version, 64KB | 16.12.2009 |
Latest news on the Bill
Following agreement by both Houses on the text of the Bill it received Royal Assent on 16 December The Bill is now an Act of Parliament (law).
This Bill is known as a "Money Bill". The House of Lords cannot amend Money Bills so committee stage, report stage and third reading are just formalities.
Summary of the Bill
The Bill provides Parliamentary authority for funds requested by the Government. It is part of what is called ‘supply procedure’. This is how Parliament grants the Government’s requests for resources.
A Consolidated Fund Bill is passed every year. The Bill is one of three pieces of legislation in each financial year which provide authorisation from Parliament for the resources sought by the Government. In addition to this Bill, there are two Consolidated Fund (Appropriation) Bills. Proceedings on the Bill are formal - there is no debate.
Key areas
- authorises provision sought in the Winter Supplementary Estimates for 2009-10 and in the Vote on Account for 2010-11
- authorises the release of money from the Consolidated Fund, which is the Government’s bank account
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Related information
Guide to the passage of a Bill
Find out what happens at each stage of a Public Bill’s journey through Parliament with the Passage of a Bill guide.
When does a Bill become law?
Explanation of what happens after Bills have been passed, and when laws may change.
