16.Section 11 makes provision, for inclusion in the Articles, about the remuneration of the Bank’s directors and staff, namely that this is to be determined by the directors subject to any direction from the Scottish Ministers.
Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
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