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Consolidated Fund Account 6 Statement of Accounting Officer’s Responsibilities Under section 21(1) of the National Loans Act , the Treasury is required to prepare a statement of Account relating to the Consolidated Fund for each financial year in the form and on the basis considered appropriate by HM Size: KB. received by way of loan shall be kept in the Consolidated Loan account. The. loan amount is transferred into the Development Fund, Housing Loan Fund or other fund authorised by Parliament, depends on purpose loan was raised. GAS. 5 of PPK: Consolidated Loan account issued on Dec and effective for financial year CONSOLIDATED LOAN 1/5(1). Consolidated Fund of India; Contingency Fund of India; Public Accounts of India; All three are described below briefly. Consolidated Fund of India. This is the most important of all accounts of the government. This fund is filled by: Direct and indirect taxes Loans taken by . Federal Consolidated Fund and Public Account.-(1) All revenues received by the Federal Government, all loans raised by that Government and all moneys received by it in repayment of any loan, shall form part of a consolidated fund, to be known as the Federal Consolidated Fund.
4 Cap. Financial Administration and Audit SECTION Revenue collected to be paid into the revenues. Withdrawal of sums from the Consolidated Fund. Issues from Consolidated Fund Account to be paid into bank accounts. Bank returns. Advances to Government. Treasury Deposits. Issue of moneys before promulgation of File Size: 54KB. CHAPTER 8 FINANCE ESTABLISHMENT OF CONSOLIDATED FUND All revenues or other moneys raised or received by Trinidad and Tobago, not being revenues or other moneys payable under this Constitution or any other law into some other public fund established for a specific purpose shall, unless Parliament otherwise provides, be paid into and form one Consolidated Fund. Government loans. This section contains guidance issued on the government loan arrangements for local authorities, schools, NIHE and other public bodies. That is, the payment of loans and re-coupment of payments due to the consolidated fund. Government loans guidance; Banking. The public funds of Ghana shall be the Consolidated Fund, the Contingency Fund and such other public funds as may be established by or under the authority of an Act of Parliament.
An Act to establish a National Loans Fund, to substitute the National Loans Fund for the Consolidated Fund in certain enactments, including enactments relating to Government lending and advances, the Exchange Equalisation Account and government annuities, to make profits of the Issue Department of the Bank of England payable into the National Loans Fund and to make other provision as to the said Department, to charge the whole of the national debt on the National . Definition of 'Consolidated Fund'. Definition: Consolidated Fund of India is the most important of all government accounts. Revenues received by the government and expenses made by it, excluding the exceptional items, are part of the Consolidated Fund. Description: This fund was constituted under Article (1) of the Constitution of India. Consolidated revenue fund is a central government purse in which all government receipts are paid into and expenditure allocated from this account and is usually estimated in the constitution By implication, no money can be withdrawn except with the approval of the national assembly for the federal government and state houses of assembly for. Finance Guru Speaks: This article will provide you UPDATED* steps on how you can download the Consolidated Mutual Fund Account Statement online free of cost. NOTE: The steps mentioned in the Old Article- How To Download Consolidated (CAMS+Karvy+FTAMIL+SBFS) Mutual Fund Account Statement Online? are no longer valid due to changes in the CAMS .