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The Scottish National Investment Bank Act 2020 (Commencement) Regulations 2020

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Scottish Statutory Instruments

2020 No. 272 (C. 22)

Public Bodies

The Scottish National Investment Bank Act 2020 (Commencement) Regulations 2020

Made

2nd September 2020

Laid before the Scottish Parliament

3rd September 2020

Coming into force

16th September 2020

The Scottish Ministers make the following Regulations in exercise of the powers conferred by section 35(2) of the Scottish National Investment Bank Act 2020(1).

Citation, commencement and interpretation

1.  These Regulations may be cited as the Scottish National Investment Bank Act 2020 (Commencement) Regulations 2020 and come into force on 16 September 2020.

Appointed day

2.  16 September 2020 is the appointed day for the coming into force of the Scottish National Investment Bank Act 2020, so far as not already in force.

FIONA HYSLOP

A member of the Scottish Government

St Andrew’s House,

Edinburgh

2nd September 2020

EXPLANATORY NOTE

(This note is not part of the Regulations)

The Bill for the Scottish National Investment Bank Act 2020 (“the Act”) received Royal Assent on 25 February 2020. Sections 34 to 36 came into force on the following day. These Regulations bring the remaining provisions of the Act into force on 16 September 2020.

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