Clause 1, page 4, line 20, at end insert— “(c) confer on the Welsh Ministers or the body that may be nominated as the transferee power to enter into an agreement with the Crown Estate Commissioners for the performance of specified matters in relation to management or investments of the Welsh Crown Estate on behalf of Welsh Ministers or the body nominated as the transferee.”
Bill texts 2
- HL Bill 29 (as introduced)download soon
- Bill 376 2024-26 (as brought from the House of Lords)download soon
Amendments 10
Committee stage — Lords 10
Clause 1, page 4, line 33, at end insert— “(12) In the Crown Estate Act 1961, after section 5 insert—
Clause 1, page 3, line 24, at end insert— “52B Crown Estate: further provision
After Clause 1, insert the following new Clause— “Limit on borrowing of the Welsh Crown Estate
Clause 1, page 2, line 38, at end insert— “(12A) The Treasury may impose whatever conditions the Treasury sees fit under the scheme for ensuring the expeditious exercise of the functions of the Crown Estate in Wales.”
Clause 1, page 4, line 26, leave out subsections (9) to (11)
Clause 1, page 2, line 6, leave out from “management” to end of line 7
<i>The above-named Lords give notice of their intention to oppose the Question that Clause 1 stand part of the Bill.</i>
Clause 1, page 2, line 38, at end insert— “(e) for limiting the amount the transferee is able to borrow to a net to debt asset value ratio of no more than 25 per cent.”
After Clause 1, insert the following new Clause— “Report on the effectiveness of devolution of the Crown Estate in Wales