Paragraph 112 Consolidated Fund
United Kingdom
There shall be a Consolidated Fund for the Islands into which shall be paid all revenues or other moneys raised or received by and for the purposes of the Government.
The revenues or other moneys referred to in subsection (1) shall not include revenues or other moneys—
that are payable by or under F1a law enacted by the Legislature into some other fund established for a specific purpose; or
that may, by or under a law enacted by the Legislature, be retained by the department of government that received them for the purpose of defraying the expenses of that department.
Annotations
Textual amendments
- F1
Words in Sch. 2 substituted (coming into force in accordance with art. 1(3) of the amending S.I.) by The Turks and Caicos Islands Constitution (Amendment) Order 2024 (S.I. 2024/1128), art. 7(1) (with arts. 4, 7(9))