Crown Estate Scotland in the context of "Crown Estate"

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⭐ Core Definition: Crown Estate Scotland

Crown Estate Scotland (Scottish Gaelic: Oighreachd a' Chrùin Alba) is the self-financing public corporation of the Scottish Government responsible for the management of land and property in Scotland owned by the monarch 'in right of the Crown'. It was separated from the Crown Estate of the United Kingdom under the Scotland Act 2016. It is responsible for a range of rural, coastal, urban and marine assets across Scotland. The monarch remains the legal owner of these assets, but they do not form the private property of the monarch, and cannot be sold by the monarch. The primary purpose of Crown Estate Scotland is to invest in property, natural resources, and places to create lasting value for the people of Scotland. Surplus revenue (i.e. revenue profit after maintaining and enhancing the value of the estate, as per the Scottish Crown Estate Act 2019) does not belong to the monarch, but is paid to the Scottish Consolidated Fund which in turn helps finance the Scottish Government.

Crown Estate Scotland's main income source is from leases on the property, which is mostly in sectors such as offshore renewables, farming, tourism and aquaculture. The corporation is one of the largest property managers in Scotland, managing assets worth £568.2 million as of 2022. These include over 35,565 hectares (87,880 acres) of land in rural Scotland, the majority of which is let for farming, residential, commercial, sporting and mineral operations. The estate also has significant holdings in the coastal and marine environment, including virtually all of the seabed out to 12 nautical miles (22 kilometres), rights to lease seabed for renewable energy generation and gas and carbon dioxide storage out to 200 nautical miles (370 kilometres) and just under half of Scotland's foreshore. The corporation works alongside the Scottish Government, Scottish Parliament, local authorities, communities, third sector and businesses with the aim to create "lasting value for Scotland".

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👉 Crown Estate Scotland in the context of Crown Estate

The Crown Estate is a collection of lands and holdings in the United Kingdom belonging to the British monarch as a corporation sole, making it "the sovereign's public estate", which is neither government property nor part of the monarch's private estate. The Crown Estate in England, Wales, and Northern Ireland is managed by the Crown Estate Commissioners, which trades as The Crown Estate. In Scotland, the Crown Estate is managed by Crown Estate Scotland, since the Scottish estate was devolved in 2017.

The sovereign has official ownership of the estate but is not involved with its management or administration; nor does the sovereign have personal control of its affairs. For all practical purposes, the Estate Commissioners shall exercise "all such acts as belong to the Crown's rights of ownership" for the estate "on behalf of the Crown". The proceeds of the estate, in part, fund the monarchy. The estate's extensive portfolio is overseen by a semi-independent, incorporated public body headed by the Crown Estate Commissioners, who exercise "the powers of ownership" of the estate, although they are not "owners in their own right". The revenues from these hereditary possessions have been placed by the monarch at the disposition of His Majesty's Government in exchange for relief from the responsibility to fund the Civil Government. These revenues proceed directly to His Majesty's Treasury, for the benefit of the British nation; a percentage of them is then distributed back to the monarch. The Crown Estate is formally accountable to the Parliament of the United Kingdom, where it is legally mandated to provide an annual report for the sovereign, a copy of which is forwarded to the House of Commons.

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Crown Estate Scotland in the context of Scottish Government

The Scottish Government (Scottish Gaelic: Riaghaltas na h-Alba, pronounced [ˈrˠiə.əl̪ˠt̪əs ˈhal̪ˠapə]) is the devolved government of Scotland. It was formed in 1999 as the Scottish Executive following the 1997 referendum on Scottish devolution, and is headquartered at St Andrew's House in the capital city, Edinburgh. It has been described as one of the most powerful devolved governments globally, with full legislative control over a number of areas, including education, healthcare, justice and the legal system, rural affairs, housing, the crown estate, the environment, emergency services, equal opportunities, public transport, and tax, amongst others.

The Scottish Government consists of the Scottish Ministers, which is the term used to describe their collective legal functions. The Scottish Government is accountable to the Scottish Parliament, which was also created by the Scotland Act 1998. The first minister is nominated by Parliament, then formally appointed by the monarch. The Scotland Act 1998 makes provision for ministers and junior ministers, referred to by the current administration as cabinet secretaries and ministers, in addition to two law officers: the lord advocate and the solicitor general for Scotland. The first minister selects ministers from the body of serving members of the Scottish Parliament, after which their appointment is approved by Parliament and the monarch. Collectively the Scottish Ministers and the Civil Service staff that support the Scottish Government are formally referred to as the Scottish Administration. The Scottish Cabinet consists of the first minister and their deputy, cabinet secretaries, the law officers, the permanent secretary and Minister for Parliamentary Business.

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Crown Estate Scotland in the context of Balmoral Castle

Balmoral Castle (/bælˈmɒrəl/) is a large estate house in Aberdeenshire, Scotland, and a residence of the British royal family. It is near the village of Crathie, 9 miles (14 km) west of Ballater and 50 miles (80 km) west of Aberdeen.

The estate and its original castle were bought from the Farquharson family in 1852 by Prince Albert, the husband of Queen Victoria. Soon afterwards, it was found that the house was too small, and the current Balmoral Castle was commissioned. The architect was William Smith of Aberdeen, and his designs were amended by Prince Albert. Balmoral remains the private property of the monarch and is not part of the Crown Estate. It was the summer residence of Queen Elizabeth II, who died there on 8 September 2022.

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