Written question asked by Lord Stoddart of Swindon (Independent Labour) on Monday, 29 June 2015, in the House of Lords. It was due for an answer on Monday, 13 July 2015. It was answered by Lord O'Neill of Gatley (Conservative) on Monday, 13 July 2015 on behalf of the Treasury.
Crown Estate
- Question
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To ask Her Majesty’s Government whether the Crown Estate is the property of the reigning monarch; whether a majority of the income from the Estate is used in the interest of taxpayers; and what is the amount by which taxpayers benefited in the tax year 2014–15.
- Answer
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The Crown Estate belongs to the reigning monarch 'in right of The Crown', that is, it is owned by the monarch for the duration of their reign, by virtue of their accession to the throne. But it is not the private property of the monarch - it cannot be sold by the monarch, nor do revenues from it belong to the monarch. The revenue surplus from the Estate is paid to the Consolidated fund. For 2014-15, this was £285.1million.
Secondary information
- Type
- Written question
- Reference
- HL932
- Session
- 2015-16
- Subjects
- Crown Estate Income Monarchy
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-01-19 19:26:50 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2015-16/HL932
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2015-16/HL932
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2015-16/HL932