Scottish Fiscal Commission Act 2016

3 Meaning of terms used in section 2 S

(1) This section defines terms used in section 2.

(2) “5-year forecast”, in relation to a report prepared under section 2(2), means a forecast in respect of the financial year for which the report is prepared and each of the 4 subsequent financial years.

[F1 (2A) “Demand led social security expenditure” means payments by the Scottish Ministers or a local authority which are—

(a) made under any provision relating to a matter within—

(i) exceptions 1 to 10 in Section F1 of Part 2 of schedule 5 of the Scotland Act 1998,

(ii) exception 1 in Section H3 of that Part, or

(iii) any further exception added to Section F1 or Section H3 of that Part after 31st March 2017, or

(b) attributable to regulations made by the Scottish Ministers by virtue of section 29 or 30 of the Scotland Act 2016 (powers in relation to universal credit).]

(3) “Devolved taxes” is to be construed in accordance with section 80A(4) of the Scotland Act 1998.

(4) “Non-domestic rates” means non-domestic rates levied under section 7B(2) of the Local Government (Scotland) Act 1975.

[F2 (4A) “Quarter”, in respect of a financial year, means a period of 3 months ending with the last day of June, September, December or March.]

(5) “Scottish rate resolution” is to be construed in accordance with section 80C(1) of the Scotland Act 1998.

Textual Amendments

F1 S. 3(2A) inserted (1.4.2017) by The Scottish Fiscal Commission (Modification of Functions) Regulations 2017 (S.S.I. 2017/86), regs. 1, 2(3)(a)

F2 S. 3(4A) inserted (1.4.2017) by The Scottish Fiscal Commission (Modification of Functions) Regulations 2017 (S.S.I. 2017/86), regs. 1, 2(3)(b)

Commencement Information

I1 S. 3 in force at 1.4.2017 by S.S.I. 2016/326, reg. 2(2)