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Bill · started in the Lords

Budget Responsibility and National Audit Act 2011

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.

Now an Act of Parliament

The story so farThe Budget Responsibility and National Audit Bill was introduced in the House of Lords on 21 October 2010 by Lord Sassoon (Conservative). It completed its passage through Parliament and became law as the Budget Responsibility and National Audit Act 2011, receiving Royal Assent on 22 March 2011.

What the bill does

<p>The Bill establishes the Office for Budget Responsibility on a statutory basis, following its creation after the 2010 General Election. It requires the Treasury to publish a Charter for Budget Responsibility setting out its approach to fiscal policy. </p><p>The Bill also confirms a new corporate governance structure for the National Audit Office, under a new paid post of Chair, who would develop a joint strategy with the Comptroller and Auditor General.</p>

Progress through Parliament

  1. 1st reading Lords 21 Oct 2010
  2. 2nd reading Lords 8 Nov 2010
  3. Committee stage Lords 29 Nov to 9 Dec 2010
  4. Report stage Lords 31 Jan 2011
  5. 3rd reading Lords 7 Feb 2011
  6. 1st reading Commons 7 Feb 2011
  7. 2nd reading Commons 14 Feb 2011
  8. Programme motion Commons 14 Feb 2011
  9. Money resolution Commons 14 Feb 2011
  10. Committee stage Commons 1 Mar to 3 Mar 2011
  11. Report stage Commons 22 Mar 2011
  12. 3rd reading Commons 22 Mar 2011
  13. Consideration of Commons amendments and / or reasons Lords 22 Mar 2011
  14. Royal Assent Unassigned 22 Mar 2011

Source: the official bill page. Last updated 6 Oct 2021.