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In many states with political systems derived from the Westminster system, a consolidated fund or consolidated revenue fund is the main bank account of the government. General taxation is taxation paid into the consolidated fund (as opposed to hypothecated taxes earmarked for specific purposes), and general spending is paid out of the consolidated fund.

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  • In many states with political systems derived from the Westminster system, a consolidated fund or consolidated revenue fund is the main bank account of the government. General taxation is taxation paid into the consolidated fund (as opposed to hypothecated taxes earmarked for specific purposes), and general spending is paid out of the consolidated fund. (en)
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  • 471938 (xsd:integer)
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  • 20988 (xsd:nonNegativeInteger)
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  • 1124057191 (xsd:integer)
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dbp:date
  • December 2019 (en)
dbp:reason
  • Please cite the Act of Parliament where this was first used (en)
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rdfs:comment
  • In many states with political systems derived from the Westminster system, a consolidated fund or consolidated revenue fund is the main bank account of the government. General taxation is taxation paid into the consolidated fund (as opposed to hypothecated taxes earmarked for specific purposes), and general spending is paid out of the consolidated fund. (en)
rdfs:label
  • Consolidated Fund (en)
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