The Crown Estate Transfer Scheme 2017

Treatment of certain receipts: receipts relating to the relevant matters only

10.—(1) This paragraph applies to any sums—

(a) which are received by the Commissioners or the manager on or after the transfer date, and

(b) which consist solely of amounts which relate to any of the relevant matters.

(2) If the sums are mentioned in the audited statements, the sums must be dealt with in accordance with any applicable treatment specified in those statements.

(3) If the sums are not mentioned in the audited statements or if no applicable treatment is specified in those statements—

(a) the Commissioners must transfer to the manager any sums which relate to any period on or after the transfer date,

(b) the manager must transfer to the Commissioners any sums which relate to any period before the transfer date, and

(c) otherwise the recipient may retain the sums.

(4) If the recipient fails to comply with sub-paragraph (2), (3)(a) or (3)(b), the person to whom the sums are owed may recover those sums as a civil debt.

(5) In this paragraph, “audited statements” means the statements mentioned in paragraph 9(1) as certified by the Comptroller and Auditor General under paragraph 9(3).

(6) For the purposes of this paragraph sums are “mentioned” in the audited statements if—

(a) they are expressly referred to in those statements, or

(b) they fall within a description which is expressly referred to.