M

Member

Speaking in the House of Lords on 14 October 2024

Debate

Crown Estate Bill [HL]

Contribution

It should also be noted that the Crown Estate does not exist to address market failures. Rather, it is tasked with managing Crown property on a commercial basis to generate a return for the Exchequer. As such, it is an entirely different organisation from those where the additionality principle is applied.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

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