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This is the original version (as it was originally enacted).
(1)A manager of one or more Scottish Crown Estate assets must prepare plans for the management of the assets.
(2)Each plan is to cover a period of 3 years.
(3)Each plan must set out—
(a)the manager’s objectives for the period to which the plan relates,
(b)the activities that the manager proposes to undertake during that period in pursuit of the objectives,
(c)any risks associated with those activities,
(d)outcomes against which the achievement of the objectives may be assessed,
(e)how the manager proposes to maintain, and seek to enhance the value of, Scottish Crown Estate assets and the income arising from them during that period, and
(f)whether the manager proposes to dispose of any Scottish Crown Estate assets during that period and, if so, how the manager proposes to use any proceeds of the disposal.
(4)This section and section 25 do not apply to Crown Estate Scotland (but see article 19 of the Crown Estate Scotland Order).
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Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
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