Search Legislation

Advanced Search

Fiscal Responsibility Act 2010

Help about what version

What Version

Help about opening options

Opening Options

Status:

This is the original version (as it was originally enacted).

3Progress and compliance reports

This section has no associated Explanatory Notes

(1)The Treasury must make a report on the progress which has been made towards complying with the duty in section 1(1) in respect of a financial year whenever—

(a)an Economic and Fiscal Strategy Report, or

(b)a Pre-Budget Report,

is laid before Parliament during the financial year.

(2)The Treasury must, on the first occasion on which a Pre-Budget Report is laid before Parliament after the end of a financial year in respect of which the duty in section 1(1) applies, make a report stating whether or not it appears to them at that time that the duty relating to that financial year was complied with and, if not, why not.

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

(a)an Economic and Fiscal Strategy Report, or

(b)a Pre-Budget Report,

is laid before Parliament before 1 April 2014.

(4)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 section 1(2) was complied with and, if not, why not.

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

(a)an Economic and Fiscal Strategy Report, or

(b)a Pre-Budget Report,

is laid before Parliament during the financial year ending with 31 March 2016.

(6)The Treasury must, on the first occasion on which a Pre-Budget Report is laid before Parliament after 31 March 2016, make a report stating whether or not it appears to them at that time that the duty in section 1(3) was complied with and, if not, why not.

(7)An order under section 2 must include provision requiring the Treasury to make—

(a)progress reports, and

(b)a report as to compliance,

in relation to the duty or duties imposed by the order.

(8)The code for fiscal stability may make provision about the content and form of reports made under or by virtue of this section.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

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.

Close

See additional information alongside the content

Show Explanatory Notes for Sections: Displays relevant parts of the explanatory notes interweaved within the legislation content.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

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.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources

The data on this page is available in the alternative data formats listed: