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Conclusions
The Advisory Group, as we understand it, will have a crucial role in advising the Scottish Ministers on the Bank’s objectives, conduct and performance.
Date: 31.01.2023 Dear Edward Mountain MSP, I am writing in response to your email of 21 December 2022 which requested some information in advance of the upcoming Net Zero, Energy and Transport Committee Inquiry into a Modern and Sustainable Ferry Service for Scotland.
The Scottish Government considers it appropriate for the substantive provisions of the Bill to be commenced at such a date as Ministers appoint to be suitable.
Overview of the Bill
The Bill requires the establishment of a Scottish National Investment Bank (the “Bank”). It places a duty on the Scottish Ministers to establish a public company limited by shares, named the Scottish National Investment Bank p.l.c.
Such a study would be able to identify what current provision of banking and financial services (including the provision of ATMs) exists, and what further provision is required to ensure a universal banking provision (including face-to-face banking where necessary or desired; ...
The Bill gives the Scottish Ministers the power to set “strategic missions” for the Bank. They will do so by sending the Bank details of the socio-economic challenges that the Bank is to seek to address.
As a result of that review, the Scottish Parliament voted to move the launch date of DRS from July 2022 to August 2023, accounting for the impacts of EU exit and the Covid-19 pandemic.
Thursday 2 May 2019 Business Bulletin Iris Ghnothaichean Announcement CHAMBER DESK NOTICE May BankHoliday The Chamber Desk will be closed on Monday 6 May 2019.