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					<dc:identifier>http://www.legislation.gov.uk/asp/2026/7/section/4</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>
					
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					<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/4/notes" DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/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>       
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				</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>Reporting on statement</Title><P1 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4" id="section-4">
<Pnumber><CommentaryRef Ref="key-9b0dafd2e639ecc0ee179628ff59fdae"/>4</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/1" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/1" id="section-4-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>The Scottish Ministers must, as soon as reasonably practicable after the end of each reporting period—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/1/a" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/1/a" id="section-4-1-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>prepare a report setting out—</Text>
<P4 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/1/a/i" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/1/a/i" id="section-4-1-a-i">
<Pnumber>i</Pnumber>
<P4para>
<Text>the steps they have taken in the reporting period in respect of each measure included in the community wealth building statement,</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/1/a/ii" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/1/a/ii" id="section-4-1-a-ii">
<Pnumber>ii</Pnumber>
<P4para>
<Text>the impact of the community wealth building statement and the measures set out in the statement in delivering the aims specified in section 1(2),</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/1/a/iii" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/1/a/iii" id="section-4-1-a-iii">
<Pnumber>iii</Pnumber>
<P4para>
<Text>the steps they have taken in the reporting period to keep the community wealth building statement under review,</Text>
</P4para>
</P4>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/1/b" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/1/b" id="section-4-1-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>publish the report in such manner as they consider appropriate, and</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/1/c" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/1/c" id="section-4-1-c">
<Pnumber>c</Pnumber>
<P3para>
<Text>lay a copy of the report before the Scottish Parliament.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/2" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/2" id="section-4-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>The Scottish Ministers may by regulations specify further details about the format of the report to be published under subsection (1)(b).</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/3" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/3" id="section-4-3">
<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/4/4" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/4" id="section-4-4">
<Pnumber>4</Pnumber>
<P2para>
<Text>In <InternalLink Ref="section-4" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4" DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4">this section</InternalLink>, “<Term id="term-reporting-period">reporting period</Term>” means—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/4/a" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/4/a" id="section-4-4-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>the period of 5 years beginning with the day on which the community wealth building statement was first published,</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/asp/2026/7/section/4/4/b" IdURI="http://www.legislation.gov.uk/id/asp/2026/7/section/4/4/b" id="section-4-4-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>each subsequent period of 5 years.</Text>
</P3para>
</P3>
</P2para>
</P2>
</P1para>
</P1></P1group></Pblock></Body></Primary><Commentaries><Commentary Type="I" id="key-9b0dafd2e639ecc0ee179628ff59fdae"><Para><Text>S. 4  not in force at Royal Assent, see <CitationSubRef id="nbc78948d2e83606f" 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>