Bill · started in the Commons
Consolidated Fund Act 2008
To authorise the use of resources for the service of the years ending with 31 March 2009 and 31 March 2010 and to apply certain sums out of the Consolidated Fund to the service of the years ending with 31 March 2009 and 31 March 2010.
Now an Act of Parliament
The story so farThe Consolidated Fund Bill was introduced in the House of Commons on 16 December 2008 by Stephen Timms (Labour). It completed its passage through Parliament and became law as the Consolidated Fund Act 2008, receiving Royal Assent on 18 December 2008.
What the bill does
<p>The Bill provides parliamentary authority for funds requested by the Government. It is part of the supply procedure, which is how Parliament grants the Government’s requests for resources.</p><p>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 – there is no debate and the Bill goes through ‘on the nod’.</p><p> </p><p><strong>Key areas:</strong></p><ul><li>Authorises provision sought in the Spring Supplementary Estimates for 2008/09 and the Statement of Excesses for 2007/08</li><li>Authorises the release of money from the Consolidated Fund, which is the Government’s bank account</li><li>Places limits on the purposes for which the money may be spent.</li></ul>
Progress through Parliament
- 1st reading Commons 16 Dec 2008
- 2nd reading Commons 17 Dec 2008
- 3rd reading Commons 17 Dec 2008
- 1st reading Lords 17 Dec 2008
- 2nd reading Lords 18 Dec 2008
- Committee negatived Lords 18 Dec 2008
- 3rd reading Lords 18 Dec 2008
- Royal Assent Unassigned 18 Dec 2008
Source: the official bill page. Last updated 12 Mar 2009.