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Section 5.9. The Act of Parliament for the levying of public revenues and the fiscal budget will remain in force for a period of five years from the date on which the Act came into force.

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Original Version

  • Avatar admin
    Administrator #1  •  2020-08-20 17:44:04

    Section 5.9. Section 5.9. The Act of Parliament for the levying of public revenues and the fiscal budget will remain in force for a period of five years from the date on which the Act came into force.

      • Jim Osborne

        Section 5.9. What is the logic behind proposing that Finance Acts should last for 5 years? I may be misunderstanding the intention here but it seems to suggest a 5 year cycle of state planning which strikes me as far too rigid. If the constitution has to say anything about government finances at all it needs to reflect the powers of a sovereign Scottish government which controls a sovereign currency and a central bank to issue currency whenever it takes public spending decisions of any kind.

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