Scotland Bill

Explanatory Notes

Parliamentary approval for financial costs or for charges imposed

407 The Bill will require a money resolution to cover payments made by the Secretary of State by virtue of clause 15 (which inserts section 64(2A) in the Scotland Act 1998 providing for assignment of VAT). The Bill will also require a ways and means resolution, for charges that may be imposed under the amendments made by clause 12 providing for the Scottish Parliament to set Scottish rates for the purposes of the Income Tax Act 2007, and for charges that may be imposed by the devolved taxes for which clauses 16 and 17 provide.

Prepared 8th June 2015