Contingencies Fund Act 2021

Contingencies Fund Act 2021
Act of Parliament
Long titleAn Act to make provision increasing the maximum capital of the Contingencies Fund for a temporary period.
Citation2021 c. 9
Introduced byRishi Sunak, Chancellor of the Exchequer (Commons)
Lord Agnew of Oulton, Minister of State for Efficiency and Transformation (Lords)
Dates
Royal assent15 March 2021[1]
Commencement15 March 2021
Expired1 April 2022
Other legislation
AmendsContingencies Fund Act 1974
Relates toContingencies 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Text of statute as originally enacted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.

  1. ^ "Contingencies Fund Act 2021 Introductory Text". Legislation.gov.uk. Retrieved 23 April 2021.