The Act
Part 2 – Operational matters
Strategic missions
Section 16 (Requirement to consult in relation to missions)
21.Section 16 requires that, before setting a new mission for the Bank, or modifying or bringing to an end an existing mission, the Scottish Ministers must conduct a public consultation lasting a minimum period of 40 days. This provision is, however, disapplied for the first set of missions to be set for the Bank.
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