26Power to financeS
This section has no associated Explanatory Notes
(1)The Scottish Ministers may provide such finance as they consider appropriate to—
(a)the Bank, and
(b)any relevant subsidiary.
(2)Finance under this section may be provided—
(a)to the Bank in the form of grants, loans and guarantees,
(b)to a relevant subsidiary in the form of loans only.
(3)The Scottish Ministers may attach conditions (including conditions as to repayment or the payment of interest) in respect of any finance provided under this section.
(4)In this section, relevant subsidiary means a body that—
(a)is a subsidiary of the Bank, and
(b)provides services on a commercial basis only.
Commencement Information
I1S. 26 in force at 16.9.2020 by S.S.I. 2020/272, reg. 2