Member

There is a risk associated with Clause (3)(1) and best consideration: that it might prevent the Crown Estate from fulfilling what it might regard as its core objective, which is to secure the maintenance and enhancement of the value of the estate but with the requirements of good management. In this context, good management embraces many of the issues that no doubt we will discuss in other amendments. We will probably not amend the Bill because putting them into the statute will be onerous, but we want to be assured that the Crown Estate, by virtue of Section 1 of the 1961 Act, has all the powers—and they are not just implied, because the Minister makes it clear that it actually has the powers—to do these things, meet these obligations and secure these objectives, and that Clause (3)(1) will not prevent it from doing so.