- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
The schedule amends other Acts so that their provisions apply to the Bank.
In this Act—
(a)references to the Bank are to the company established (or to be established) by the Scottish Ministers in fulfilment of their duty under section 1,
(b)references to a subsidiary are to be read in accordance with section 1159 of the Companies Act 2006.
(1)The Scottish Ministers may by regulations make any incidental, supplementary, consequential, transitional, transitory or saving provision they consider appropriate for the purposes of, or in connection with, or for giving full effect to this Act or any provision made under it.
(2)Regulations under subsection (1) may make different provision for different purposes.
(3)Regulations under subsection (1)—
(a)are subject to the affirmative procedure if they add to, replace or omit any part of the text of an Act (including this Act), but
(b)otherwise are subject to the negative procedure.
(1)This section and sections 34 and 36 come into force on the day after Royal Assent.
(2)The other provisions of this Act come into force on such day as the Scottish Ministers may by regulations appoint.
(3)Regulations under subsection (2) may make different provision for different purposes.
The short title of this Act is the Scottish National Investment Bank Act 2020.
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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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