PART 2Operational matters

Fair work

I123Fair work direction

1

The Bank must comply with the direction issued to it under this section.

2

The Scottish Ministers must issue a direction to the Bank about fair work within 1 year of this section coming into force.

3

The direction—

a

must—

i

stipulate that the Bank is to seek to promote fair work in exercising its functions,

ii

set out what fair work means for the purpose of the direction, and

b

may contain any other provision which the Scottish Ministers consider appropriate in relation to the promotion of fair work by the Bank.

4

Before issuing the direction, the Scottish Ministers must consult—

a

the Bank,

b

persons who appear to the Scottish Ministers to represent the interests of those who work in Scotland, and

c

persons who appear to the Scottish Ministers to represent the interests of employers in Scotland.

5

Having issued the direction, the Scottish Ministers must publish it.