Scottish Fiscal Commission Act 2016

5 Reports S

[F1 (1) The Commission must send a report prepared under section 2(2) to the Scottish Ministers in sufficient time for them to use the report to prepare—

(a) the Scottish budget document for the subsequent financial year; and

(b) the medium term financial outlook.

(2) The Commission must lay before the Scottish Parliament a report prepared under section 2(2) on each day on which—

(a) the Scottish Ministers lay before the Parliament the Scottish budget document for the subsequent financial year; and

(b) a member of the Scottish Government publishes the medium term financial outlook.]

(3) The Commission must lay any other report prepared under section 2(2) or a report prepared under section 2(4) or 4 before the Scottish Parliament as soon as reasonably practicable after the report is prepared.

(4) Before laying a report prepared under section 2 or 4 before the Scottish Parliament, the Commission must send a copy of it to the Scottish Ministers (unless one has already been sent under subsection (1)).

(5) Once a report prepared under section 2 or 4 has been laid before the Scottish Parliament, the Commission must publish it.

(6) The Commission may publish reports prepared under section 2 or 4 in such manner as it considers appropriate.

[F2 (7) In this section—

• “5-year forecast” has the same meaning as in section 3(2) in respect of a report prepared under section 2(2);

• “medium term financial outlook” means the Scottish Government’s rolling 5-year financial outlook document informed by 5-year forecasts; and

• “Scottish budget document” means the Scottish Government’s budget document setting out proposals for the use of resources and associated matters in a financial year.]

Textual Amendments

F1 S. 5(1)(2) substituted (1.7.2018) by The Scottish Fiscal Commission (Modification of Functions) Regulations 2018 (S.S.I. 2018/213), regs. 1, 2(4)(a)

F2 S. 5(7) inserted (1.7.2018) by The Scottish Fiscal Commission (Modification of Functions) Regulations 2018 (S.S.I. 2018/213), regs. 1, 2(4)(b)

Commencement Information

I1 S. 5 in force at 1.4.2017 by S.S.I. 2016/326, reg. 2(2)