Budget Responsibility and National Audit Act 2011
|Citation||2011 c 4|
|Introduced by||Lord Sassoon|
|Territorial extent||England and Wales, Scotland and Northern Ireland|
|Royal assent||March 22, 2011|
|Commencement||23 March 2011; 4 April 2011|
|Relates to||Fiscal Responsibility Act 2010|
Status: Current legislation
|History of passage through Parliament|
|Records of Parliamentary debate relating to the statute from Hansard, at TheyWorkForYou|
|Text of statute as originally enacted|
|Text of the Budget Responsibility and National Audit Act 2011 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk|
The Budget Responsibility and National Audit Act 2011 (c. 4) is an Act of the Parliament of the United Kingdom. It provides a statutory footing for the already-established Office for Budget Responsibility, and requires the treasury to set out its approach to fiscal policy in a Charter for Budget Responsibility. It also sets out a new structure for the National Audit Office and repeals the Fiscal Responsibility Act 2010.
Office for Budget Responsibility
The Office for Budget Responsibility was initially constituted in shadow form by the Conservative party opposition in December 2009. It was then formally created by the new government after the general election in May 2010, before being put on a statutory footing by this Act.
- The Budget Responsibility and National Audit Act 2011 (Commencement No.1) Order 2011 SI 2011/892
- "Conservatives launch Office for Budget Responsibility". BBC News website. 2009-12-08. Retrieved 2011-04-29.
- "Osborne to give details of £6bn spending cuts next week". BBC News website. 2010-05-17. Retrieved 2011-04-29.