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Consolidated Fund Act 2010-12

Type of Bill:
Government Bill
Sponsors:
Mr Mark Hoban
Her Majesty's Treasury
Lord Sassoon
Her Majesty's Treasury

Progress of the Bill

Bill started in the House of Commons

  1. House of Commons
    1. 1st reading
    2. 2nd reading
    3. Committee stage
    4. Report stage
    5. 3rd reading
  2. House of Lords
    1. 1st reading
    2. 2nd reading
    3. Committee stage
    4. Report stage
    5. 3rd reading
  3. Consideration of Amendments
  4. Royal Assent

Act of Parliament

House Act Date
Consolidated Fund Act 2010 c.39 23.12.2010

Latest news on the Bill

Second reading and all remaining stages - took place on 21 December.

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.

Royal Assent - the final stage of a Bill's passage through Parliament when the Bill becomes an Act (law) - took place on the same day.

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 a number of 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 usually 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 2010-11 and the Vote on Account for 2011-12
  • Authorises the release of money from the Consolidated Fund, which is the Government’s bank account.

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