UKPGA-2024-24 — Budget Responsibility Act 2024

preamble

Be it enacted by the King’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

s. 1 — Announcement of fiscally significant measures

s. 1(1)

Part 1 of the Budget Responsibility and National Audit Act 2011 (budget responsibility) is amended as follows.

s. 1(2)

In section 4 (main duty of the Office for Budget Responsibility), in subsection (2)—

s. 1(2)(a)

after “duties imposed” insert “on the Office”;

s. 1(2)(b)

at the end insert “and section 4A.”

s. 1(3)

After section 4 insert—

s. 2 — Extent, commencement and short title

s. 2(1)

This Act extends to England and Wales, Scotland and Northern Ireland.

s. 2(2)

Section 1 comes into force on such day as the Treasury may by regulations made by statutory instrument appoint.

s. 2(3)

Different days may be appointed for different purposes.

s. 2(4)

This Act may be cited as the Budget Responsibility Act 2024.