# Scottish National Investment Bank Act 2020, Section 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.,
(b) has its registered office in Scotland,
(c) has the Scottish Ministers as its only member, and
(d) has articles of association framed in accordance with Chapter 2.

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Source: https://www.legislation.gov.uk/asp/2020/3/section/1 (the official version)
Page: https://openlegislation.uk/scottish-national-investment-bank-act-2020/section-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.