Consolidated fund

General category

The consolidated fund is where all the revenues collected in Bahamas are deposited and later redistributed within the different kinds of local government. 

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Art. 42.2.

(2) Notwithstanding the provisions of any law, where fees or taxes, collected in a town area or in a district specified in the Third Schedule, are paid into the Consolidated Fund pursuant to the provisions of — (a) the Buildings Regulation Act; (b) the Firearms Act; (c) the Port Authori...

Access / Authorization
Art. 128.

There shall be in and for The Bahamas a Consolidated Fund, into which, subject to the provisions of any law for the time being in force in The Bahamas, shall be paid all revenues of The Bahamas.  ...

Source of resources
Central Government - National Budget
Distribution
Art. 42.2..

(2) a rebate not exceeding one hundred per centum of the monies so paid shall be allowed, and the rebate shall be paid out of the Consolidated Fund and applied to meet necessary expenditure in the town area or district, as the case may be.  ...

Art. 43.2..

(2)  a rebate of the monies so paid shall be allowed in the following amounts — (i) in the case of monies paid under an Act mentioned in paragraph (b) or (c), a rebate not exceeding one hundred per centum of the monies so paid; and  (ii) in the case of monies paid under an Act mentioned...

Art. 42.3.

(3) A sum equal to the total amount of the fees or taxes paid into the Consolidated Fund pursuant to subsection (2) shall be placed in a separate account to be held reserved by the Minister of Finance and expended upon — (a) the rebate mentioned in subsection (2); and  (b) such other ma...

Limits
Destination