Part 3Management of Scottish Crown Estate assets

Financial matters

I128Separation of income and capital

1

A manager must—

a

keep any money held by the manager which forms part of the Scottish Crown Estate in an income account and a capital account,

b

apportion that money as appropriate between those accounts, and

c

keep those accounts separate from any other accounts kept by the manager.

2

In this Act, references to—

a

an income account are references to an income account kept under subsection (1),

b

a capital account are references to a capital account kept under that subsection.