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Crown Estate Commissioners: Manufacturing Industries

Treasury written question – answered on 27th February 2012.

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Photo of Gareth Thomas Gareth Thomas Shadow Minister (Cabinet Office), Party Chair, Co-operative Party

To ask the Chancellor of the Exchequer whether the Crown Estate (a) has any assets and (b) receives any income from manufacturing and advanced engineering business activity; and if he will make a statement.

Photo of Chloe Smith Chloe Smith The Economic Secretary to the Treasury

The Crown Estate Act 1961 allows the Crown Estate to hold only land, real property and cash. The Crown Estate holds no manufacturing or engineering assets and receives no direct income from businesses of these kinds. The Crown Estate receives rents from some tenants which operate in these fields, eg wind farms.

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