Scottish Crown Estate Act 2019 Explanatory Notes

End of management

54.Section 36(1) makes provision for reports to be prepared and sent to the Scottish Ministers when a manager ceases to be a manager during a financial year. Subsection (3) provides that, where a manager holds only money or investments forming part of the Scottish Crown Estate, the manager is to be treated for the purpose of Part 3 of the Act as a manager of Scottish Crown Estate assets for as long as the manager holds that money or investments.

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