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Consolidated Fund Act 1816

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Consolidated Fund Act 1816

1816 CHAPTER 98

An Act to unite and consolidate into One Fund, all the Public Revenues of Great Britain and Ireland; and to provide for the Application thereof to the General Service of the United Kingdom.

[1st July 1816]

WHEREAS It hath become expedient, for further carrying into effect the Provisions and Purposes of Two several Acts for the Union of Great Britain and Ireland (the One made in the Parliament of Great Britain in the Thirty-ninth and Fortieth Years of His present Majesty's Reign, and the other made in the Parliament of Ireland in the Fortieth Year of His said Majesty's Reign) that all the public Revenues of Great Britain and Ireland mould be consolidated and applied to the Service of the United Kingdom ; be it therefore enacted by the King's most Excellent Majesty, by and with the Advice and Consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the Authority of the same, That from and after the Fifth Day of January One thousand eight hundred and seventeen, all Rates, Duties, Taxes, Receipts, Sums of Money, and Revenues, of what Nature or Kind foever, which, under or by virtue of any Act or Ads in force in Great Britain or Ireland respectively at the Time of the passing of this Act, and immediately before the said Fifth Day of January One thousand eight hundred and seventeen, shall or may constitute or form part of, or be directed to be carried to the several Funds, called the Consolidated Fund of Great Britain and the Consolidated Fund of Ireland respectively shall be carried to, and shall be and become, and shall form and constitute One General Fund, to be called the Consolidated Fund of the United Kingdom of Great Britain and Ireland, and that, the said Consolidated Fund of the United kingdom or Great Britain and Ireland, whether the same or any Part thereof shall be in the Exchequer of Great Britain or in the Exchequer of chargeable with, and shall from Time to Time be applied indiscriminately to the Payment of the Whole of the Interest of the National Debts of Great Britain and Ireland, and the Sinking Funds applicable to the Reduction thereof, as One joint Consolidated National Debt, Interest, and Sinking Fund ; and in the next Place, the said Consolidated Fund of the said United Kingdom shall in like Manner be charged and chargeable with, and shall be applied to the Payment of the Salaries and other Charges of His Majesty's Civil Lift Establishments in Great Britain and Ireland; and in the next Place, the said Consolidated Fund of the said United Kingdom shall be in like Manner charged and chargeable with, and shall be applied in Payment of all other Charges whatsoever, made payable out of the Consolidated Funds of Great Britain Ireland respectively, under or by virtue of any Act or Acts in force immediately before the said Fifth Day of January One thousand eight hundred and seventeen, and after Payment and Satisfaction of all the aforesaid Charges, the said Consolidated Fund of the United Kingdom shall be in like Manner indiscriminately applied to the Service of the United Kingdom of Great Britain and Ireland, or any Part thereof, as shall be directed by Parliament, and shall be issued and applied accordingly, in Manner and under the Authority herein-after mentioned and directed.

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