Where subsection (2) or (3) applies, the manager of a Scottish Crown Estate asset (other than the Scottish Ministers) may transfer ownership of the asset only with the consent of the Scottish Ministers.

This subsection applies where, as a result of the transfer, the manager would no longer manage any Scottish Crown Estate assets.

This subsection applies where the asset is or includes a portion of the seabed (that is, the bed and subsoil of the sea within the Scottish marine area).

In subsection (3)—

• “Scottish marine area” is to be construed in accordance with section 1 of the Marine (Scotland) Act 2010,

• “sea” is to be construed in accordance with section 2 of that Act.