Section 32: Borrowing by the Scottish Ministers

Scotland Act 2012 · 2012 c. 11View on legislation.gov.uk

Part 3: Finance

The 1998 Act is amended as follows.

Section 66 (borrowing by the Scottish Ministers etc) is amended as follows.

For subsection (1) substitute—

In subsection (3) after "section" insert ." from the Secretary of State "

After subsection (4) insert—

Section 67 (lending by the Secretary of State) is amended as follows.

In subsection (2) for "that section" substitute ." section 66(1) "

In subsection (3) omit "increased".

After subsection (3) insert—

After section 67 insert—

In section 114(1) (powers which may be exercised by modifying the 1998 Act), after "sections" insert ." 66(5), "

In Schedule 7 (procedure for subordinate legislation), in paragraph 1, at the appropriate places insert—

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.