Contingencies Fund Act 2020

Contingencies Fund Act 2020
Act of Parliament
Long titleAn Act to make provision increasing the maximum capital of the Contingencies Fund for a temporary period.
Citation2020 c. 6
Introduced byRishi Sunak, Chancellor of the Exchequer (Commons)
Earl of Courtown, Captain of the Yeomen of the Guard (Lords)
Dates
Royal assent25 March 2020
Commencement25 March 2020
Repealed1 April 2021
Other legislation
AmendsContingencies Fund Act 1974
Relates toMiscellaneous Financial Provisions Act 1946
Coronavirus Act 2020
History of passage through Parliament
Text of statute as originally enacted
Revised text of statute as amended

The Contingencies Fund Act 2020 (c. 6) is an act of the Parliament of the United Kingdom that was created to increase 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 50%. It was introduced by Chancellor of the Exchequer Rishi Sunak in response to the COVID-19 pandemic.


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