Consolidated Fund

From Free net encyclopedia

Revision as of 12:25, 23 May 2005; view current revision
←Older revision | Newer 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.

Template:UK-gov-stub

Retrieved from "http://www.netipedia.com/index.php/Consolidated_Fund"