Appropriation (No. 3) Act 2008
Official Summary
A Bill to authorise the use of resources for the service of the year ending with 31st March 2009 and to apply a sum out of the Consolidated Fund to the service of that year; and to appropriate the supply authorised by this Act for the service of that year.
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Overview
The Consolidated Fund (Appropriation) (No. 3) Bill is a UK government bill authorizing the spending of public funds for the financial year ending 31st March 2009. It approves the use of resources and the release of funds from the Consolidated Fund to cover government expenses.
Description
This bill allows the government to spend £42,200,000,000 from the Consolidated Fund for the fiscal year ending March 31st, 2009. The bill specifically details the allocation of these funds. A key area of expenditure covered by this appropriation is economic, financial, and related administration, including various expenses and government bodies' costs. The bill also explicitly states that the funds are considered appropriated from April 1st, 2008. A further £1,000 is authorised for the use of resources.
Government Spending
The bill authorizes a total government expenditure of £42,200,000,000 from the Consolidated Fund for the 2008-2009 fiscal year. In addition a further £1,000 is authorized for the use of resources.
Groups Affected
This bill affects all UK citizens as it covers the funding of government services and programs. Specific groups heavily impacted include those who directly benefit from or are involved in the administration of economic and financial programs and government bodies. The bill impacts the broader public through the services provided by programs funded through this expenditure.
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