Enterprise and New Towns (Scotland) Act 1990 — United Kingdom law | Esheria

Enterprise and New Towns (Scotland) Act 1990

This provision sets up Scottish Enterprise and Highlands and Islands Enterprise and gives them broad economic-development, training, land, and related powers, with oversight and directions from the Secretary of State.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
United Kingdom
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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asset transfer borrowing borrowing limits committee governance employment transfer enterprise governance government guarantees grants industrial development information requirements land acquisition land development agreements public body transfers regional development reporting and accounts training and employment support winding up

Statute overview

About this statute

This provision sets up Scottish Enterprise and Highlands and Islands Enterprise and gives them broad economic-development, training, land, and related powers, with oversight and directions from the Secretary of State. This provision moves assets and liabilities to successor bodies, sets transfer and winding-up powers for the Secretary of State, and imposes reporting, accounting, borrowing, and conflict-of-interest rules on Scottish Enterprise and Highlands and Islands Enterprise. This provision lets the bodies form committees, gives Scottish Enterprise borrowing and financial powers, and places reporting, repayment, and transitional duties on Scottish Enterprise and the Secretary of State.