The Sovereign Grant Act 2011 (Change of Percentage) Order 2024
Why linked: Sovereign Grant Act 2011 (Change of Percentage) Order 2024 – statutory instrument operationalising the formula
Each financial year the Sovereign Grant is paid by the Treasury to His Majesty. The amount of Sovereign Grant is determined in accordance with a formula in section 6(1) of the Sovereign Grant Act 2011 (c. 15) and is linked …