5.18 Partnerships UK was established in June 2000 as a public private partnership, incorporated as a private sector company, with 51 per cent of its shares owned by private sector institutions with the remaining 49 per cent held by HM Treasury and Scottish Ministers. It was created out of the Treasury Taskforce to ensure continued access to procurement expertise for the public sector. Partnerships UK's Board consists of three Executive Directors and six Non-Executive Directors, two of which are Treasury nominees. Partnerships UK is limited to working for the public sector in the UK and overseas. To preserve and assist in this mission of supporting the public sector, an Advisory Council consisting of twenty members and chaired by Sir Andrew Turnbull, the Cabinet Secretary, meets twice a year to review Partnerships UK's activities.