Sovereign Grant Act 2011
Act of ParliamentThis bill passed all stages in both Houses and received Royal Assent.
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Long title
To make provision for the honour and dignity of the Crown and the Royal Family; make provision about allowances and pensions under the Civil List Acts of 1837 and 1952; and for connected purposes.
Summary
<p>The Bill makes changes to the way in which the monarchy is funded. It replaces the Civil List and other grants that support the Queen’s official duties with a new Sovereign Grant, based on a percentage of the profits of the Crown Estate. </p><p>The new grant is designed to deliver at first a broadly similar level of finance in cash terms to what is available at present. There are mechanisms for adjusting the level in future, and for using any significant surplus as a means to reduce the grant. The Sovereign Grant is intended to be a typical government grant that will lead to the royal finances being audited by the National Audit Office, and subjected to full parliamentary scrutiny.</p>
Progress through Parliament
- 1st reading· Commons
30 June 2011 – 30 June 2011
- Allocation of time motion· Commons
14 July 2011 – 14 July 2011
- 2nd reading· Commons
14 July 2011 – 14 July 2011
- Committee stage· Commons
14 July 2011 – 14 July 2011
- 3rd reading· Commons
14 July 2011 – 14 July 2011
- 1st reading· Lords
14 July 2011 – 14 July 2011
- 2nd reading· Lords
3 October 2011 – 3 October 2011
- Committee negatived· Lords
3 October 2011 – 3 October 2011
- 3rd reading· Lords
3 October 2011 – 3 October 2011
- Royal Assent· Unassigned
18 October 2011 – 18 October 2011
Source: UK Parliament Bills API. Bill ID: 877.