Act of Parliament | |
Long title | An Act to make provision increasing the maximum capital of the Contingencies Fund for a temporary period. |
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Citation | 2021 c. 9 |
Introduced by | Rishi Sunak, Chancellor of the Exchequer (Commons) Lord Agnew of Oulton, Minister of State for Efficiency and Transformation (Lords) |
Dates | |
Royal assent | 15 March 2021[1] |
Commencement | 15 March 2021 |
Expired | 1 April 2022 |
Other legislation | |
Amends | Contingencies Fund Act 1974 |
Relates to | Contingencies Fund Act 2020 |
Status: Expired | |
History of passage through Parliament | |
Text of statute as originally enacted | |
Revised text of statute as amended |
The Contingencies Fund Act 2021 (c. 9) is an act of the Parliament of the United Kingdom which allowed for a temporary increase in the maximum capital of the United Kingdom's contingency fund from 2%, as set out in Section 1 of the Contingencies Fund Act 1974, to 12%. It was introduced by Chancellor of the Exchequer Rishi Sunak in response to the ongoing effects of the COVID-19 pandemic.