The Constitution
Medical Research Scotland (the operational name of the Scottish Hospital Endowments Research Trust) is an independent charity constituted in terms of Section 12 and Schedule 7 of the National Health Service (Scotland) Act 1978 (as amended) to receive and hold endowments, donations and bequests and to make grants from these funds to promote medical research in Scotland.
It is required by the Health & Medicines Act 1988 to develop and exploit ideas and to exploit intellectual property.
The Trust Fund is administered in terms of the Act by a body of Members who receive no fee or remuneration for their services.
Medical Research Scotland - Background to its independent status
Medical Research Scotland became an independent charity in 2006. Brief information about its path to independence can be found by following this link.