P ART 1 E STABLISHMENT OF THE B ANK 5 C HAPTER 1 S COTTISH M INISTERS ’ DUTY TO ESTABLISH THE B ANK 1 Duty to establish the Bank The Scottish Ministers must establish a public company limited by shares that— (a) is named the Scottish National Investment Bank p.l.c., 10 (b) has its registered office in Scotland, (c) has the Scottish Ministers as its only mem...