The Sovereign Grant U.K.

5 Annual report as to the amount of Sovereign Grant U.K.

(1) In each financial year the Royal Trustees must prepare a report—

(a) stating their determination in accordance with section 6 of the amount of the Sovereign Grant for the following financial year, and

(b) setting out how that amount has been determined.

(2) The report must be prepared as soon as practicable after the Comptroller has done all of the following—

(a) reported under section 2 on the statement of accounts of the Royal Household for the previous financial year,

(b) reported under section 4 on the statement of accounts of the Reserve Fund for that year, and

(c) reported under section 2 of the Crown Estate Act 1961 on the statement of accounts for that year prepared by the Crown Estate Commissioners under that section.

(3) The Royal Trustees must give a copy of the report to the Treasury.

(4) The Treasury must lay a copy of the report before Parliament.

Modifications etc. (not altering text)

C1 For duration of Sovereign Grant provisions (ss. 1-9, 11, 12) see s. 16(1)-(3)