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Scottish National Investment Bank Act 2020

Scottish National Investment Bank Act 2020

2020 asp 3

The Act

Part 2 – Operational matters

Accountability

Section 21 (Review of performance)

26.Section 21 provides that a strategic review of the performance of the Bank and any subsidiaries of the Bank must take place at least every five years and that it is for the Scottish Ministers to appoint a person to carry out this review. A copy of the review will be laid before the Scottish Parliament and published. Section 21 requires that the Bank’s delivery against its objects, missions and relevant national performance indicators must be considered as part of the strategic review of performance.

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Nodiadau Esboniadol

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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