Budget Responsibility and National Audit Act 2011

Budget Responsibility and National Audit Act 2011
Dates
Parliament of the United Kingdom
Long title	An Act to make provision for a Charter for Budget Responsibility and for the publication of Financial Statements and Budget Reports; to establish the Office for Budget Responsibility; to make provision about the Comptroller and Auditor General and to establish a body corporate called the National Audit Office; to amend Schedules 5 and 7 to the Government of Wales Act 2006 in relation to the Auditor General for Wales; and for connected purposes.
Citation	2011 c 4
Introduced by	Lord Sassoon
Territorial extent	England and Wales, Scotland and Northern Ireland
Royal assent	March 22, 2011 (2011-03-22)
Commencement	23 March 2011; 4 April 2011^[1]
Other legislation
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Text of statute as originally enacted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.

It was introduced in the House of Lords by the Commercial Secretary to the Treasury Lord Sassoon, on behalf of the Government, and it received Royal Assent on 22 March 2011.

Office for Budget Responsibility

Main article: Office for Budget Responsibility

The Office for Budget Responsibility was initially constituted in shadow form by the Conservative party opposition in December 2009.^[2] 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 OBR provides independent economic forecasts as background to the preparation of the UK budget.^[3]

References

↑ 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.

United Kingdom legislation

Pre-Parliamentary legislation	List of English statutes Charter of Liberties Magna Carta

Acts of Parliament by states preceding the Kingdom of Great Britain	Acts of the Parliament of England to 1483 1485–1601 1603–1641 Interregnum (1642–1660) 1660–1699 1700–1706 Acts of the Parliament of Scotland

Acts of Parliament of the Kingdom of Great Britain	1707–1719 1720–1739 1740–1759 1760–1779 1780–1800

Acts of the Parliament of Ireland	to 1700 1701–1800

Acts of Parliament of the United Kingdom of Great Britain and Ireland and the United Kingdom of Great Britain and Northern Ireland	1801–1819 1820–1839 1840–1859 1860–1879 1880–1899 1900–1919 1920–1939 1940–1959 1960–1979 1980–1999 2000 to date Halsbury's Statutes Legislation.gov.uk Short titles

Church of England measures	List Church of England Assembly (Powers) Act 1919

Legislation of devolved institutions	Acts of the Scottish Parliament List Acts and Measures of the National Assembly for Wales List Acts of the Northern Ireland Assembly List Acts of the Parliament of Northern Ireland List Orders in Council for Northern Ireland List

Orders-in-Council	Order in Council

Secondary legislation	United Kingdom Statutory Instruments Scottish Statutory Instruments Acts of Sederunt Acts of Adjournal

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