{
  "url": "https://openlegislation.uk/scottish-national-investment-bank-act-2020/section-18",
  "json_url": "https://openlegislation.uk/scottish-national-investment-bank-act-2020/section-18.json",
  "legislation": "asp/2020/3",
  "legislation_title": "Scottish National Investment Bank Act 2020",
  "legislation_url": "https://openlegislation.uk/scottish-national-investment-bank-act-2020",
  "path": "section/18",
  "kind": "section",
  "number": "18",
  "heading": "Report on strategic missions",
  "text": "(1) The Bank must send a mission report to the Scottish Ministers—\n(a) within 3 months of receiving a document sent under section 15 (subject to subsection (3)), and\n(b) on the first day of each financial year (subject to subsection (4)).\n(2) A mission report is a report explaining how the Bank intends to respond to the strategic missions that the Scottish Ministers have set for it.\n(3) The Bank need not send a mission report to the Scottish Ministers under subsection (1)(a) in consequence of receiving a document under section 15 if the document's only effect is to bring a strategic mission to an end.\n(4) The Bank need not send a mission report to the Scottish Ministers on the first day of a financial year if, on that day—\n(a) it has been less than 3 months since the Bank last sent the Ministers a mission report, or\n(b) the Bank is due to send the Ministers a mission report under subsection (1)(a) within the next 3 months.\n(5) A mission report may be in any form that the Bank considers appropriate and (in particular) may be part of another document.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 18 in force at 16.9.2020 by S.S.I. 2020/272, reg. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/asp/2020/3/section/18",
    "retrieved_at": "2026-10-29T20:12:53.043028+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}