EXPLANATORY NOTE
(This note is not part of the Regulations)

These Regulations commence provisions of the Scottish Fiscal Commission Act 2016 (“the Act”). In terms of regulation 2 of the Regulations section 8 of the Act is commenced on 9th November 2016 with the remaining provisions insofar as not yet in force commenced on 1st April 2017. Regulation 3 is a transitory provision allowing the Scottish Ministers’ duty to consult the Scottish Fiscal Commission on making regulations to amend the Act to be discharged until 1st April 2017 by the Scottish Ministers consulting the non-statutory Scottish Fiscal Commission.

The Bill for the Act received Royal Assent on 14th April 2016. Sections 30 to 32 came into force on 15th April 2016.