Part 3Management of Scottish Crown Estate assets

Financial matters

28Separation of income and capital

(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.