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All 3 results for "crown estate" in the 'Written Answers' speaker:Sajid Javid

Did you mean ("brown state") major:3 speaker:Sajid Javid?

Written Answers — Treasury: Crown Lands and Estates: Minerals (6 Sep 2013)

Sajid Javid: Under the Crown Estate Act 1961, 50% of the Crown Estate's net income received from land based minerals goes to the Exchequer with the remaining 50% going into the Crown Estate's capital accounts for reinvestment in the portfolio. Between 2009 and 2013 the amount returned to the Exchequer from the Crown Estate's onshore mineral interests was:   £ million 2009-10 1.2 2010-11 1.1...

Written Answers — Treasury: Renewable Energy: Scotland (4 Jun 2013)

Sajid Javid: The Crown Estate is obliged by law to pay its net annual surplus to the Exchequer. In 2011-12 the surplus paid over was £240 million, of which rents from offshore renewable activity contributed £7.8 million. The Crown Estate's financial target for 2012-13 is to generate a return of some £250 million. Since the Crown Estate operates commercially, it does not publish annual targets and...

Written Answers — Treasury: Crown Lands and Estates (10 Sep 2012)

Sajid Javid: As envisaged in the framework document setting out the Treasury's relationship with the Crown Estate, my officials meet the Crown Estate to discuss its investment strategy in general terms once a year. The agreed strategy is summarised in the Crown Estate's annual report, for example the current strategy is at pages 18-19 of the 2011-12 report.

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