Part 3Management of Scottish Crown Estate assets

Financial matters

31Transfer of funds between managers

(1)

A manager may transfer a sum of money—

(a)

from the manager's income account to the income account of another manager,

(b)

from the manager's capital account to the capital account of another manager.

(2)

A manager (other than the Scottish Ministers) may make a transfer under subsection (1) only if directed to do so by the Scottish Ministers in a direction under section 37(1).

(3)

The direction must specify—

(a)

the sum to be transferred, or

(b)

how that sum is to be calculated.