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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order amends the Scotland Act 1998 (c. 46) to increase the resources borrowing limit set out in section 67(2) from £1,779.351 million to £1,834.303 million, and the capital borrowing limit set out in section 67A(1) from £3,050.316 million to £3,144.519 million. This Order revokes the Scotland Act 1998 (Increase of Borrowing Limits) Order 2024 which has been superseded by this Order.

A full impact assessment has not been produced for this instrument as no, or no significant, impact on the voluntary or public sector is foreseen.