Scottish National Investment Bank Act 2020
The Scottish National Investment Bank Act 2020 is an Act of the Scottish Parliament which was passed by Parliament on 21 January 2020. The Act legally obliges Scottish Ministers to establish a National Investment Bank for Scotland as both a public body and a publicly limited company. The bank is to be independent of the Scottish Government. "Its primary goal is to help Scotland transition to net-zero carbon emissions, while supporting small and medium-size enterprises."

The Bill was introduced by Cabinet Secretary for Finance, Derek Mackay MSP.

The lead scrutinising committee was the Finance and Constitution Committee.

The Bill received Royal assent on 25 February 2020, becoming an Act of the Scottish Parliament.
The Scottish National Investment Bank was formally launched in November 2020.
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Act of the Scottish Parliament
TIME
Q1774424
net-zero carbon emissions
UNK
Q5015474
Cabinet Secretary for Finance
PER
Q1200058
Derek Mackay
PER
Q1711695
MSP
PER
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Royal assent
MEDIA
Q67289065
Scottish National Investment Bank
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Q96405197
Scottish National Investment Bank Act 2020
MEDIA
2020-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2020
DATE
2020-01-21T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
21 January 2020
DATE
2020-02-25T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
25 February 2020
DATE
2020-11-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
November 2020
DATE
instance of
publication date
position held