Sovereign Grant Act 2011

Sovereign Grant Act 2011

2011 CHAPTER 15

Commentary on Sections and Schedules

Supplementary and general

Section 13: Other interpretative provisions etc

93. This section explains various terms used in the Act.

94. Subsection (2) provides that “The Comptroller” means the Comptroller and Auditor General.

95. Subsection (3) provides that “financial year” means a year beginning with 1 April.

96. Subsection (4) provides that “the financial year 2012-13” means the financial year beginning with 1 April 2012.

97. Subsection (5) provides that “the Keeper” means the Keeper of the Privy Purse.

98. Subsection (6) provides that “the Reserve Fund” means the Fund established under section 3.

99. Subsection (7) defines “the Royal Trustees” as the body corporate established by section 10 of the Civil List Act 1952. The members of that body are the Prime Minister, the Chancellor of the Exchequer and the Keeper of the Privy Purse.

100. Subsection (8) provides that references to the support of the Sovereign’s official duties includes maintenance of royal palaces and related land.

101. Subsection (9) limits the meaning of the Royal Household in the Act to the Household’s activities in support of the Sovereign’s official duties.

102. Subsection (10) defines the use of resources as meaning their expenditure, consumption or reduction in value. That is the same as in section 27 of the Government Resources and Accounts Act 2000 which applies to the resource accounts of government departments.