- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
11(1)NLS may do anything which appears to it—
(a)to be necessary or expedient for the purpose of, or in connection with, the exercise of its functions,
(b)to be conducive to the exercise of its functions.
(2)In particular, NLS may—
(a)enter into contracts,
(b)with the approval of the Scottish Ministers, acquire and dispose of land,
(c)borrow money from the Scottish Ministers or, with the approval of the Scottish Ministers, from other persons,
(d)enter into any business or undertaking,
(e)form, promote or acquire (whether alone or with others) companies (within the meaning of the Companies Act 2006 (c.46)),
(f)enter into joint ventures with others,
(g)undertake or execute any charitable trust,
(h)invest sums not immediately required in relation to the exercise of its functions,
(i)accept gifts of money and other property,
(j)obtain advice or assistance from any person who, in NLS’s opinion, is qualified to give it,
(k)carry out or commission research,
(m)make charges for access to the collections,
(n)make other charges in connection with the exercise of its functions (including charges for the provision of goods and services).
(3)For the purposes of sub-paragraph (2)(g), a trust is a charitable trust if all its purposes are within section 7(2) of the Charities and Trustee Investment (Scotland) Act 2005 (asp 10).
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Text created by the Scottish Executive department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: