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Scottish Crown Estate Act 2019

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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Point in time view as at 01/04/2020.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 28. Help about Changes to Legislation

28Separation of income and capitalS

This section has no associated Explanatory Notes

(1)A manager must—

(a)keep any money held by the manager which forms part of the Scottish Crown Estate in an income account and a capital account,

(b)apportion that money as appropriate between those accounts, and

(c)keep those accounts separate from any other accounts kept by the manager.

(2)In this Act, references to—

(a)an income account are references to an income account kept under subsection (1),

(b)a capital account are references to a capital account kept under that subsection.

Commencement Information

I1S. 28 in force at 1.4.2020 by S.S.I. 2020/77, reg. 2(1), sch. 1

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