Explanatory Notes

Budget Responsibility and National Audit Act 2011

2011 CHAPTER 4

22 March 2011

Commentary on Sections and Schedules

Part 1: Budget Responsibility

Section 7: Efficiency etc

47.This section provides that the Office has a duty to carry out its functions efficiently and cost-effectively. While the Office is expected to be a relatively small one, there remains an expectation that an Office primarily concerned with the sustainability of the public finances should clearly demonstrate these qualities.