Member

I am aware that some noble Lords may take a different view as to how the Crown Estate should operate, but it remains the Government’s view that the existing statutory commercial focus—coupled with adherence to environmental and other nature requirements as set out in other legislation, as well as the need in the 1961 Act for the commissioners to have due regard to the requirements of good management—remains the best approach. Under the terms of the amendment from the noble Baroness, Lady Hayman, the Crown Estate will also now be required in legislation to keep under review the impact of its activities on the achievement of sustainable development. Supplemented by the intended amendments to the framework document, this makes it clear that the Crown Estate must consider, where relevant, the statutory targets that the noble Baroness, Lady Young, seeks to place in the Bill.