Scottish National Investment Bank Act 2020
PART 1Establishment of the Bank
CHAPTER 1Scottish Ministers' duty to establish the Bank
1Duty to establish the Bank
CHAPTER 2The Bank's articles of association on establishment
2The Bank's vision
3The Bank's objects
4Ethical investment standards
5Balanced scorecard
6General powers
7Borrowing powers
8Ownership
9Directors: appointment
10Directors: tenure
11Remuneration
12Committees
13Gender equality strategy
14Entrenched provisions
PART 2Operational matters
Strategic missions
15Setting missions
16Requirement to consult in relation to missions
17Proposals from the Bank about its missions
Accountability
18Report on strategic missions
19Report on investment performance
20Report on gender equality strategy
21Review of performance
22Equal pay review
Fair work
23Fair work direction
Scottish Government financing of the Bank
24Power to capitalise
25Requirement to get State aid approval before significant capitalisation
26Power to finance
27Requirement to get State aid approval for financing
28Meaning of State aid rules
Miscellaneous provisions
29Advisory group
30Exercise of power to appoint non-executive directors
31Procedure for modifying entrenched provisions
PART 3Final provisions
32Application of public bodies legislation
33Meaning of references to the Bank and subsidiaries
34Ancillary provision
35Commencement
36Short title
SCHEDULEApplication of public bodies legislation
Ethical Standards in Public Life etc. (Scotland) Act 2000
1(1) The Ethical Standards in Public Life etc. (Scotland) Act...
Freedom of Information (Scotland) Act 2002
2In schedule 1 of the Freedom of Information (Scotland) Act...
Public Appointments and Public Bodies (Scotland) Act 2003
3In schedule 2 of the Public Appointments and Public Bodies...
Public Services Reform (Scotland) Act 2010
4(1) The Public Services Reform (Scotland) Act 2010 is amended...
Gender Representation on Public Boards (Scotland) Act 2018
5In schedule 1 of the Gender Representation on Public Boards...

Royal arms

Scottish National Investment Bank Act 2020

2020 asp 3

An Act of the Scottish Parliament to require the establishment of the Scottish National Investment Bank and to make further provision in connection with that body.