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(1)A manager is to meet its liabilities from the accounts it keeps under section 28.
(2)The Scottish Ministers may by regulations make provision for the transfer of a right or liability from a manager to another manager.
(3)Regulations under subsection (2) may modify any enactment.
(4)In this section, references to rights and liabilities are to rights and liabilities in relation to—
(a)a Scottish Crown Estate asset,
(b)a former Scottish Crown Estate asset,
(c)a historic Scottish asset, within the meaning of paragraph 1 of schedule 2 of the Crown Estate Transfer Scheme.
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Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
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