Part 3 S Management of Scottish Crown Estate assets

Valid from 01/04/2020

Financial matters S

Valid from 27/09/2021

31 Transfer of funds between managers S

(1) A manager may transfer a sum of money—

(a) from the manager's income account to the income account of another manager,

(b) from the manager's capital account to the capital account of another manager.

(2) A manager (other than the Scottish Ministers) may make a transfer under subsection (1) only if directed to do so by the Scottish Ministers in a direction under section 37(1).

(3) The direction must specify—

(a) the sum to be transferred, or

(b) how that sum is to be calculated.