<P> Section 83 was intended to both safeguard parliament's control over government spending, and restrict that expenditure to purposes authorised by the constitution . Over the years the meaning of "for the purposes of the Commonwealth" has been broadened considerably . It has been the subject of several High Court battles, and remains in contention . </P> <P> Sections 39 and 40 of the Constitution of New South Wales require that all revenues, loans and other monies collected by the state are to be paid into a single consolidated fund . This was originally formed as the Consolidated Revenue Fund in 1855, and was merged with the state's General Loan Account to be named the Consolidated Fund from 1982 . </P> <P> The Indian government and each Indian state government maintain their own consolidated funds . </P> <P> Article 266 of the Constitution of India requires revenues received by the Government of India to be paid to the Consolidated Fund of India . It also requires state revenues to be paid to a respective state consolidated fund . </P>

Who has control over consolidated fund of india