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The Exchange Equalisation Account is the government fund holding the UK's reserves of foreign currencies, gold, and special drawing rights. It can be used to manage the value of the pound sterling on international markets. The National Insurance Fund is an account which holds the contributions of the National Insurance Scheme.
In contrast, policies to assist in objective decision-making are usually operational in nature and can be objectively tested, e.g. password policy. [1] The term may apply to government, public sector organizations and groups, as well as individuals, Presidential executive orders, corporate privacy policies, and parliamentary rules of order are ...
The recommendation for the creation of a committee to oversee government accounts was first put forward in 1857 by a small group of interested Members of Parliament led by Sir Francis Baring. The structure and function of the PAC date back to reforms initiated by William Ewart Gladstone , when he was British Chancellor of the Exchequer in the ...
In my opinion, except for the effects of the matters described in the Basis for Qualified Opinion paragraphs above: the financial statements give a true and fair view of the state of the affairs of the Whole of Government as at 31 March 2010 and of its net deficit, changes in taxpayers' equity and cash flows for the year then ended; and the ...
A public accounts committee (PAC) is a committee within a legislature whose role is to study public audits, invite ministers, permanent secretaries or other ministry officials to the committee for questioning, and report on their findings subsequent to a government budget audit. Typically, the government is required to report back to parliament ...
Kingdom of England Exchequer note, 5 Pounds, dated 6 August 1697. In the civil service of the United Kingdom, His Majesty's Exchequer, [1] or just the Exchequer, is the accounting process of central government and the government's current account (i.e., money held from taxation and other government revenues) in the Consolidated Fund. [2]
The policy of the British Government in England was to establish elected regional assemblies with no legislative powers. The London Assembly was the first of these, established in 2000, following a referendum in 1998, but further plans were abandoned following rejection of a proposal for an elected assembly in North East England in a referendum ...
Policy is set by the Cabinet Office. The Security Policy Framework (SPF) superseded the Manual of Protective Security [1] and contains the primary internal protective security policy and guidance on security and risk management for His Majesty's Government (HMG) Departments and associated bodies. It is the source on which all localised security ...