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.
Please scrutinise all the proposed amendments and replies before commenting or voting. Short comments are most often read and must not exceed 100 words. You can propose an Amendment at the bottom of this page - please read the guidelines .
Note that the original wording appears again first below and sustains the same comment & voting regime as all other amendment proposals.
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.
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.
Proposed Amendments to Section
Please scrutinise all the proposed amendments and replies before commenting or voting. Short comments are most often read and must not exceed 100 words.
You can propose an Amendment at the bottom of this page - please read the guidelines .
Note that the original wording appears again first below and sustains the same comment & voting regime as all other amendment proposals.
Original Version
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.
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.
Section 5.9. Affected by my comments made earlier in this constitution exercise.
Proposed Amendment to Section 5.9.
FINANCE ACTS
Section 5.9. The Act of Parliament for the levying of public revenues and the fiscal budget will remain in force for the relevant financial year.