Consolidated Fund
From Free net encyclopedia
(Difference between revisions)
| Revision as of 12:25, 23 May 2005 Allen3 (Talk | contribs) Stub-sorting. You can help!. ← Previous diff |
Current revision Allen3 (Talk | contribs) Stub-sorting. You can help!. |
Current revision
The Consolidated Fund is the British government's central bank account, held at the Bank of England. Several Consolidated Fund Acts are passed by Parliament during each session allowing the government to draw money from the fund to finance public services.