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Scottish National Investment Bank Act 2020
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19Report on investment performance
Explanatory NotesShow EN
(1)The Bank must, at the end of each financial year, report to the Scottish Ministers on the performance of its investments.
(2)In addition, the Bank must report to the Scottish Ministers on the performance of its investments at any other time that the Scottish Ministers direct it to do so.
(3)The Scottish Ministers may require the Bank to—
(a)include particular information relating to the performance of the Bank’s investments when reporting under this section,
(b)report under this section in a particular manner or format.
(4)A report under this section may be in any form that the Bank considers appropriate and (in particular) may be part of another document; provided that any requirement under subsection (3) is complied with.
(5)In this section, references to the Bank’s investments include any loans it has made.
(6)In this section, “performance” includes non-financial performance.
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