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Status:
Point in time view as at 01/04/2020.
Changes to legislation:
There are currently no known outstanding effects for the Scottish Crown Estate Act 2019, Section 18.

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18Investment of moneyS
This section has no associated Explanatory Notes
A manager may invest a sum of money—
(a)from the manager's capital account only if it is invested—
(i)in the name of the manager, in a heritable security in Scotland or in a security over land in the rest of the United Kingdom,
(ii)in the name of the manager, in an interest-bearing account,
(iii)in an investment of such other description as the Scottish Ministers may specify in a direction under section 37(1),
(b)from the manager's income account only if it is invested in the name of the manager in an interest-bearing account.
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