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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Point in time view as at 01/04/2020.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 7. Help about Changes to Legislation

7Duty to maintain and enhance valueS

This section has no associated Explanatory Notes

(1)The manager of one or more Scottish Crown Estate assets must maintain and seek to enhance—

(a)the value of the assets, and

(b)the income arising from them.

(2)In complying with the duty under subsection (1), the manager must—

(a)act in the way best calculated to further the achievement of sustainable development in Scotland, and

(b)seek to manage the assets in a way that is likely to contribute to the promotion or the improvement in Scotland of—

(i)economic development,

(ii)regeneration,

(iii)social wellbeing,

(iv)environmental wellbeing.

Commencement Information

I1S. 7 in force at 1.4.2020 by S.S.I. 2020/77, reg. 2(1), sch. 1

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