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The Crown Estate Transfer Scheme 2017

Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Crown Estate Transfer Scheme 2017 No. 524

Interpretation

This section has no associated Explanatory Memorandum

1.  In this Schedule—

“historic Scottish assets” means any property, rights or interests (excluding any limited partnership rights) in land in Scotland—

(a)

which once formed part of the Crown Estate, but

(b)

which immediately before the transfer date are not Scottish assets; and

“limited partnership rights” means—

(a)

any property, rights or interests held by a limited partnership registered under the Limited Partnerships Act 1907(1), and

(b)

any property, rights or interests in, or in a member of, a partner in such a limited partnership.

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