# Scottish Fiscal Commission Act 2016, Section 7: Scottish Ministers' statement

Extent: S

(1) This section applies where the Scottish Ministers prepare—
(a) a Scottish budget document for a financial year, or
(b) a medium term financial outlook for a financial year,
which has not been informed by a forecast for that financial year contained in a report prepared by the Commission under section 2(2).
(2) The Scottish Ministers must prepare a statement explaining why they disagree with the forecast.
(3) The Scottish Ministers must lay the statement before the Scottish Parliament on the same day as that on which (as the case may be)—
(a) they lay before the Parliament the Scottish budget document for the financial year, or
(b) a member of the Scottish Government publishes the medium term financial outlook for the financial year.
(4) In this section, “medium term financial outlook” and “Scottish budget document” have the same meanings as in section 5(7).

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Source: https://www.legislation.gov.uk/asp/2016/17/section/7 (the official version)
Page: https://openlegislation.uk/scottish-fiscal-commission-act-2016/section-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.