Explanatory Notes

Graduate Endowment Abolition (Scotland) Act 2008

2008 asp 3

4 April 2008

The Act – Section by Section

Section 6: Definitions

14.Section 6 defines terms used in the Act. In particular, subsection (1) specifies that GE liabilities include not only the original liability to pay the GE itself but also any superseding loan from the Scottish Ministers made to enable discharge of that liability .