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Scotland Act 1998

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This is the original version (as it was originally enacted).

64Scottish Consolidated Fund

(1)There shall be a Scottish Consolidated Fund.

(2)The Secretary of State shall from time to time make payments into the Fund out of money provided by Parliament of such amounts as he may determine.

(3)Sums received by an office-holder in the Scottish Administration shall be paid into the Fund.

(4)Subsection (3) is subject to any provision made by or under an Act of the Scottish Parliament for the disposal of or accounting for such sums.

(5)The Treasury may, after consulting with the Scottish Ministers, by order designate receipts of any description specified in the order which are payable into the Fund (or would be but for any provision made by or under an Act of the Scottish Parliament).

(6)The Scottish Ministers shall make payments to the Secretary of State, at such times and by such methods as the Treasury may from time to time determine, of sums equal to the total amount outstanding in respect of designated receipts.

(7)Amounts required for the payment of sums under subsection (6) shall be charged on the Fund.

(8)The Fund shall be held with the Paymaster General.

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