#2026/8Budget (Scotland) Act 2026
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The Budget (Scotland) Act 2026 authorises the Scottish Administration and directly funded bodies to use resources and borrow money during the financial year 2026/27. It sets overall cash authorisations from the Scottish Consolidated Fund and allows for contingency payments. The Act also provides temporary emergency borrowing and payment authorisations for the following financial year 2027/28. It includes schedules detailing specific resource limits for each department and body, maximum borrowing amounts for statutory bodies, and provisions for budget revisions and repeal of spent legislation.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Authorises resource use and cash payments by the Scottish Administration and direct-funded bodies for financial year 2026/27
- Sets maximum borrowing limits for specified statutory bodies as detailed in Schedule 3
- Provides overall cash authorisations from the Scottish Consolidated Fund under section 4
+ 3 more changes with Pro
Obligations
What this law requires
The Scottish Administration must use resources within the limits specified in Schedule 1 during financial year 2026/27
Direct-funded bodies must use resources within the limits specified in Schedule 2 during financial year 2026/27
Statutory bodies must not borrow amounts exceeding the maximum borrowing limits specified in Schedule 3
The Scottish Administration must draw overall cash authorisations from the Scottish Consolidated Fund in accordance with Section 4
Contingency payments must be authorised and processed in accordance with Section 5 provisions