The Sovereign Grant

Power to change level of Sovereign Grant
8
1
This section applies where a report under section 7 states that the Royal Trustees consider that the percentage for the time being specified in Step 1 of section 6(1) is not appropriate.
2
The Treasury must by order made by statutory instrument substitute, for that percentage, the percentage specified by the Royal Trustees in the report as the one that should apply.
3
A statutory instrument containing an order that increases the percentage specified in Step 1 of section 6(1) may be made only if a draft of the instrument has been laid before and approved by a resolution of the House of Commons.
4
Any other statutory instrument under this section is subject to annulment in pursuance of a resolution of the House of Commons.
For duration of Sovereign Grant provisions (ss. 1-9, 11, 12) see s. 16(1)-(3)
S. 8: the Sovereign Grant provisions are continued (11.9.2022) and will now expire 6 months after the end of the present reign by The Sovereign Grant Act 2011 (Duration of Sovereign Grant Provisions) Order 2022 (S.I. 2022/954), arts. 1(2), 2