<Legislation xmlns="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" DocumentURI="http://www.legislation.gov.uk/asp/2026/7" IdURI="http://www.legislation.gov.uk/id/asp/2026/7" NumberOfProvisions="15" xsi:schemaLocation="http://www.legislation.gov.uk/namespaces/legislation http://www.legislation.gov.uk/schema/legislation.xsd" SchemaVersion="2.0" RestrictExtent="S" RestrictStartDate="2026-03-26"><ukm:Metadata xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata">
					<dc:identifier>http://www.legislation.gov.uk/asp/2026/7/section/2</dc:identifier><dc:title>Community Wealth Building (Scotland) Act 2026</dc:title><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2026-04-26</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2026-03-26</dct:valid>
					
					<atom:link rel="self" href="http://www.legislation.gov.uk/asp/2026/7/section/2/data.xml" type="application/xml"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/resources" href="http://www.legislation.gov.uk/asp/2026/7/resources" title="More Resources"/>
					
					<atom:link rel="http://www.legislation.gov.uk/def/navigation/notes" href="http://www.legislation.gov.uk/id/asp/2026/7/section/2/notes" title="Explanatory Notes"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/notes/toc" href="http://www.legislation.gov.uk/asp/2026/7/notes/contents" title="Explanatory Notes Table of Contents"/>
					
					<atom:link rel="http://www.legislation.gov.uk/def/navigation/act" href="http://www.legislation.gov.uk/asp/2026/7" title="whole act"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/introduction" href="http://www.legislation.gov.uk/asp/2026/7/introduction" title="introduction"/>
					<atom:link rel="http://www.legislation.gov.uk/def/navigation/body" href="http://www.legislation.gov.uk/asp/2026/7/body" title="body"/>
					<atom:link rel="http://www.legislation.gov.uk/def/navigation/schedules" href="http://www.legislation.gov.uk/asp/2026/7/schedules" title="schedules"/>
					
										
					
					
					
					<atom:link rel="alternate" type="application/rdf+xml" href="http://www.legislation.gov.uk/asp/2026/7/section/2/data.rdf" title="RDF/XML"/><atom:link rel="alternate" type="application/akn+xml" href="http://www.legislation.gov.uk/asp/2026/7/section/2/data.akn" title="AKN"/><atom:link rel="alternate" type="application/xhtml+xml" href="http://www.legislation.gov.uk/asp/2026/7/section/2/data.xht" title="HTML snippet"/><atom:link rel="alternate" type="text/html" href="http://www.legislation.gov.uk/asp/2026/7/section/2/data.htm" title="Website (XHTML) Default View"/><atom:link rel="alternate" type="text/csv" href="http://www.legislation.gov.uk/asp/2026/7/section/2/data.csv" title="CSV"/><atom:link rel="alternate" type="application/pdf" href="http://www.legislation.gov.uk/asp/2026/7/section/2/data.pdf" title="PDF"/>
					<atom:link rel="alternate" type="application/akn+xhtml" href="http://www.legislation.gov.uk/asp/2026/7/section/2/data.html" title="HTML5 snippet"/>

					
					<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/asp/2026/7/contents" title="Table of Contents"/>
					
					<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/asp/2026/7/section/2/enacted" title="enacted"/>
					
					<atom:link rel="up" href="http://www.legislation.gov.uk/asp/2026/7" title="Entire legislation"/><atom:link rel="prev" href="http://www.legislation.gov.uk/asp/2026/7/section/1" title="Provision; Section 1"/><atom:link rel="prevInForce" href="http://www.legislation.gov.uk/asp/2026/7/introduction" title="Introduction; Introduction"/><atom:link rel="next" href="http://www.legislation.gov.uk/asp/2026/7/section/3" title="Provision; Section 3"/><atom:link rel="nextInForce" href="http://www.legislation.gov.uk/asp/2026/7/section/12" title="Provision; Section 12"/>
					<ukm:PrimaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="primary"/><ukm:DocumentMainType Value="ScottishAct"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="2026"/><ukm:Number Value="7"/><ukm:EnactmentDate Date="2026-03-25"/><ukm:ISBN Value="9780105904519"/></ukm:PrimaryMetadata>
					

                    
									<ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/notes" DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/notes"/><ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/asp/2026/7/pdfs/aspen_20260007_en.pdf" Date="2026-04-16" Title="Explanatory Note" Size="900244"/></ukm:Alternatives>       
								</ukm:Notes> 
					<ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/asp/2026/7/pdfs/asp_20260007_en.pdf" Date="2026-03-26" Size="1191526" Print="true"/></ukm:Alternatives>
					
					<ukm:Statistics>
									<ukm:TotalParagraphs Value="16"/>
									<ukm:BodyParagraphs Value="15"/>
									<ukm:ScheduleParagraphs Value="1"/>
									<ukm:AttachmentParagraphs Value="0"/>
									<ukm:TotalImages Value="0"/>
								</ukm:Statistics>
				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/asp/2026/7/body" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/body" NumberOfProvisions="15" RestrictExtent="S" RestrictStartDate="2026-03-26"><Pblock DocumentURI="http://www.legislation.gov.uk/asp/2026/7/crossheading/community-wealth-building-statement" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/crossheading/community-wealth-building-statement" NumberOfProvisions="4" id="crossheading-community-wealth-building-statement" RestrictExtent="S" Match="false" Status="Prospective"><Title>Community wealth building statement</Title><P1group Match="false" Status="Prospective" ConfersPower="true" RestrictExtent="S"><Title>Publication and laying of statement</Title><P1 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2" id="section-2">
<Pnumber><CommentaryRef Ref="key-66df53286a5d4ccb3397d89e3b38a99f"/>2</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/1" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/1" id="section-2-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>The Scottish Ministers must—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/1/a" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/1/a" id="section-2-1-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>publish the community wealth building statement in such manner as they consider appropriate, and</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/1/b" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/1/b" id="section-2-1-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>lay a copy of the statement before the Scottish Parliament.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/2" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/2" id="section-2-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>The Scottish Ministers may by regulations specify further details about the format of the statement to be published under subsection (1)(a).</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/3" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/3" id="section-2-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>Regulations under subsection (2) are subject to the affirmative procedure.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/4" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/4" id="section-2-4">
<Pnumber>4</Pnumber>
<P2para>
<Text><InternalLink Ref="section-2-1" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/1" DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/1">Subsection (1)</InternalLink> must be complied with within the period of 18 months beginning with the day on which <InternalLink Ref="section-2" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2" DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2">this section</InternalLink> comes into force.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/5" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/5" id="section-2-5">
<Pnumber>5</Pnumber>
<P2para>
<Text>As soon as reasonably practicable after complying with <InternalLink Ref="section-2-1" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/1" DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/1">subsection (1)</InternalLink>, the Scottish Ministers must—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/5/a" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/5/a" id="section-2-5-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>prepare and publish, in such manner as they consider appropriate, a report setting out—</Text>
<P4 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/5/a/i" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/5/a/i" id="section-2-5-a-i">
<Pnumber>i</Pnumber>
<P4para>
<Text>the consultation process undertaken in order to comply with <InternalLink Ref="section-1" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/1" DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/1">section 1</InternalLink><InternalLink Ref="section-1-5" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/1/5" DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/1/5">(5)</InternalLink><InternalLink Ref="section-1-5-e" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/1/5/e" DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/1/5/e">(e)</InternalLink>, and</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/5/a/ii" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/5/a/ii" id="section-2-5-a-ii">
<Pnumber>ii</Pnumber>
<P4para>
<Text>the ways in which, in preparing the community wealth building statement, they have taken account of views expressed in the course of that process, and</Text>
</P4para>
</P4>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/2/5/b" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/2/5/b" id="section-2-5-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>lay a copy of the report before the Scottish Parliament.</Text>
</P3para>
</P3>
</P2para>
</P2>
</P1para>
</P1></P1group></Pblock></Body></Primary><Commentaries><Commentary Type="I" id="key-66df53286a5d4ccb3397d89e3b38a99f"><Para><Text>S. 2  not in force at Royal Assent, see <CitationSubRef id="n2eefa83ae14bf888" SectionRef="section-14-2" URI="http://www.legislation.gov.uk/id/asp/2026/7/section/14/2" Operative="true">s. 14(2)</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>