Explanatory Notes

Scottish National Investment Bank Act 2020

2020 asp 3

25 February 2020

The Act

Part 1 - Establishment of the Bank

Chapter 2 - The Bank’s articles of association on establishment
Section 14 (Entrenched provisions)

19.Section 14 makes provision, for inclusion in the Articles, that the Articles mentioned in Chapter 2 can only be amended or repealed in accordance with section 31 (procedure for modifying entrenched provisions).