Fiscal Responsibility Act 2012
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PART 2 The Fiscal Rules | ||
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Duty of Government to endeavour to comply with fiscal rules. |
2.— (1) The Government shall endeavour to secure that— | |
(a) the requirement imposed by section 3 (the budgetary rule), and | ||
(b) the requirement imposed by section 4 (the debt rule), | ||
which derive from Articles 3 and 4 respectively of the 2012 Treaty, are complied with. | ||
(2) The official forecasts shall set out the data required to assess whether the requirement specified in subsection (1)(a) is complied with. |