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Scottish National Investment Bank Act 2020

Gender Representation on Public Boards (Scotland) Act 2018

50.Paragraph 5 of the schedule adds the Bank to the list of bodies in schedule 1 of the Gender Representation on Public Boards (Scotland) Act 2018. This means that in appointing the Bank’s non-executive directors, the Scottish Ministers must give preference to a woman if there are equally qualified candidates of either gender and appointing a woman would result in, or be a step towards, 50% of the directors being women (see section 4 of the Gender Representation Act). In addition, the Gender Representation Act requires that steps be taken to encourage women to apply to be non-executive directors of the Bank (see section 5), and further steps to be taken to promote gender balance amongst the Bank’s directors if the 50% target has not been reached by particular dates (see section 6).

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Text created by the Scottish Government 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.


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