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Budget Responsibility Act 2024

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Explanatory Notes

Explanatory Notes

Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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Section 1 of the Act comes into force following regulations made by HM Treasury. Section 2 of the Act came into force upon Royal Assent.