Scottish Crown Estate Act 2019

18Investment of money

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.