Scottish Fiscal Commission Act 2016

3Meaning of terms used in section 2S

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.

[F1(2ZA)“Assigned VAT receipts” means amounts payable under section 64A of the Scotland Act 1998.]

[F2(2A)[F3“Devolved social security expenditure” means financial or other assistance to or in respect of an individual where there is an entitlement to a devolved social security benefit expended] 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.

[F4(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

Commencement Information

I1S. 3 in force at 1.4.2017 by S.S.I. 2016/326, reg. 2(2)