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Legal Terms - Consolidated Fund
the government's central bank account with the Bank of England, which it uses to collect taxes and pay for expenses. Consolidated Fund Acts approve the majority of its payments each year, although others (such judge salaries) are statutory charges that are made to it permanently.
the government's central bank account with the Bank of England, which it uses to collect taxes and pay for expenses. Consolidated Fund Acts approve the majority of its payments each year, although others (such judge salaries) are statutory charges that are made to it permanently.
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