- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Scotland Act 1998 (Variation of Borrowing Power) Order 2015 No. 932
Draft Order laid before the House of Commons under paragraphs 1 and 2 of Schedule 7 to the Scotland Act 1998 for approval by resolution of the House of Commons.
Draft Statutory Instruments
Constitutional Law
Devolution, Scotland
Public Finance And Accountability
Made
2015
Coming into force
1st April 2015
The Secretary of State, with the consent of the Treasury, makes the following Order in exercise of the power conferred by section 66(5) of the Scotland Act 1998(1).
In accordance with paragraphs 1 and 2 of Schedule 7 to that Act(2) a draft of this Order has been laid before and approved by a resolution of the House of Commons.
1998 c. 46; section 66(5) was inserted by section 32(5) of the Scotland Act 2012 (c. 11) (the “2012 Act”).
Paragraph 1 was amended by section 32(12) of the 2012 Act.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Draft Explanatory Memorandum sets out a brief statement of the purpose of a Draft Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Draft Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: