The Fiscal Responsibility Order 2010

Progress and compliance reports

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3.—(1) The Treasury must make a report on the progress which has been made towards complying with the duty in article 2(1) whenever—

(a)an Economic and Fiscal Strategy Report, or

(b)a Pre-Budget Report,

is laid before Parliament before 1 April 2014.

(2) The Treasury must, on the first occasion on which a Pre-Budget Report is laid before Parliament after 31 March 2014, make a report stating whether or not it appears to them at that time that the duty in article 2(1) was complied with and, if not, why not.

(3) This article applies only if the duty in article 2(1) applies.