UK Statutory Instrument 2017 United Kingdom

Crown Estate Transfer Scheme 2017 (Scotland devolution)

What this means for your business

3 obligations
1 guides
Enforced by
Crown Estate Scotland
Applies to
United Kingdom
On this page
3 compliance obligations, 1 practical guide
Read full text on legislation.gov.uk

What you must do

3 compliance obligations under this legislation.

Notifications 1

Publish transfer notice in the Edinburgh and London Gazettes

If your business becomes the transferee of Crown Estate property, you must announce the transfer publicly. You need to place a notice in both the Edinburgh Gazette and the London Gazette within a month of the transfer date. This lets the public and interested parties know about the change of ownership.

Any Person s.15 Crown Estate Scotland When you become the transferee of a Crown Estate asset

Payments and fees 2

Return any sum mistakenly paid to the manager to the Crown Estate Commissioners

If you are the manager and a payment that belongs to the Crown Estate Commissioners is accidentally paid to you, you must give it back as soon as reasonably practicable. The Commissioners can recover the money as a civil debt if you fail to return it, so it’s a straightforward payment duty rather than a criminal offence.

Any Person s.13 Crown Estate Scotland When a sum owed by the Crown Estate Commissioners is mistakenly paid …

Take reasonable steps to ensure payment of required sums

If your business owes a sum that, once received, must be passed on to the Crown Estate manager or the Commissioners, you must take reasonable steps to make sure that payment is actually made. In practice this means actively managing the transaction – preparing the correct paperwork, using reliable banking methods and following up to confirm the money reaches the correct party.

Any Person s.12 Crown Estate Scotland When a sum is due that, under sections 10 or 11, must …

Practical guidance

Our guides explain how to comply with the requirements above.

Develop offshore wind projects and secure seabed leases

How to develop offshore wind projects in UK waters, from securing seabed rights through Crown Estate leasing rounds to obtaining …

Sections and provisions

15 classified provisions from this legislation.

6 Duties 2 Definitions 1 Exemptions

Duties 6

  • s.9 Statements of account and audit
  • s.10 Treatment of certain receipts: receipts relating to the relevant matters only sums which relate
  • s.11 Treatment of certain receipts: receipts relating to the relevant matters and the Crown Estate
  • s.12 Requirement to take reasonable steps to secure the payment of certain sums
  • s.13 Sums paid in error to the manager
  • s.15 Publicity

Definitions 2

  • Schedule 1 The Scottish assets
  • s.2 Interpretation the 1998 Act designated liabilities designated rights

Exemptions 1

  • Schedule 3 Protection of Employment