27.Section 10 places a duty on the Scottish Ministers to issue guidance about community wealth building action plans and the measures which might be set out in them, and about facilitating and supporting the generation, circulation, and retention of wealth in local and regional areas. This includes the generation, circulation, and retention of wealth through the development of renewable-energy which is owned by the community, or through employment in or commerce with the renewable-energy industry. Subsection (2) requires that the guidance be published with 18 months of section 10 coming into force. Subsection (3) requires the Scottish Ministers to consult the relevant public bodies listed in section 5(16), and the specified public bodies listed in the schedule, and empowers the Scottish Ministers to consult anyone else they consider appropriate, before publishing guidance. Subsection (5) requires the Scottish Ministers to review the guidance from time to time and allows them to revise it. Subsection (6) requires the Scottish Ministers to publish guidance as soon as possible after they issue the original guidance or any revised guidance. Subsection (7) makes clear that, where persons are required under the Act to have due regard to guidance produced under this section, that includes any revised version of the guidance.
The Act Commentary on provisions Section 10 – guidance about community wealth building