Scottish Fiscal Commission Act 2016

3Meaning of terms used in section 2

This section has no associated Explanatory Notes

(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.

(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.

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