Scottish Crown Estate strategic management plan: partial BRIA

How the draft plan may impact on business (including the third sector) and regulation.


Summary and recommendation

Summary

The draft objectives, priorities and policies in the draft Strategic Management Plan are set out above on pages 3 to 5. These have been grouped into three different themes and various options have been identified. A summary of the options follows with recommendations outlined at the end of this section.

Theme 1 – Delivering Benefits and Realising Opportunities

Summary of key criteria and assessment of each option

The options are ranked ‘low, medium or high’ in terms of their ability to meet the criteria:

Criteria Option 1 – Pursue new opportunities to enhance the value and revenue of the Scottish Crown Estate and wider benefits outlined in Strategic Management Plan Option 2 – Maintain the current structure/content of the Scottish Crown Estate and current pattern of investment Option 3 – To go significantly beyond option 1 by focusing investment to an even greater extent on the new opportunities that would be delivered under objectives, priorities and policies in the Strategic Management Plan
1. Maximise opportunity to increase return to estate (both commercial and public good)

High

Low

High

2. Maximise flexibility to adapt to changing context (e.g. new opportunities may require purchasing new assets or selling existing ones)

High

Low

High

3. Ensure adequate funds available for all parts of the estate

High

Low

Low

Theme 2 – How the Scottish Crown Estate assets are managed

Summary of key criteria and assessment of each option

The options are ranked ‘low, medium or high’ in terms of their ability to meet the criteria:

Criteria Option 1 – Retain management of all Scottish Crown Estate assets at the national level Option 2 – Devolve management of all assets to local authorities, community organisations or Scottish harbour authorities Option 3 – Different levels of control based on the diversity of the Scottish Crown Estate with the manager of the asset to be decided on a case-by-case basis
1. Administration costs (whether likely to be higher/lower relative to baseline

Low or zero

High

Medium

2. Ability to share risk across portfolio of assets (opportunities to offset short-term losses on assets)

High

Low

High

3. Opportunity to take advantage of synergies across assets (this could be phrased as economies of scope)

High

Low

High

4. Opportunity for local influence

Medium

High

High

5. Opportunity to focus on individual asset/s and use local knowledge

Medium

High

High

6. Maximise opportunity to keep seabed unfragmented

High

Low

High

Theme 3 – Guidance

Summary of key criteria and assessment of each option

The options are ranked ‘low, medium or high’ in terms of their ability to meet the criteria:

Criteria Option 1 - Scottish Ministers develop guidance or directions for a manager of a Scottish Crown Estate asset that is tailored to the Scottish Crown Estate and aligns with the Scottish Government’s Purpose and the National Performance Framework Option 2 - Scottish Ministers do not produce specific directions or guidance for a manager of a Scottish Crown Estate asset using the powers under sections 37 and 38 of the Scottish Crown Estate Act 2019
1. Alignment with Scottish Government objectives

High

Low

2. Administrative costs

Higher in short term

Lower in short term but higher in medium and long term

3. Maximise flexibility – ability of estate managers to respond to changing context

High

High

Recommendations

The following options are preferred:

Theme Preferred Option
1. Delivering Benefits and Realising Opportunities

Option 1: Pursue new opportunities to enhance the value and revenue of the estate and wider benefits outlined in the Strategic Management Plan.

2. How the Scottish Crown Estate assets are managed

Option 3: There will be different levels of control based on the diversity of the Scottish Crown Estate with the manager of the asset to be decided on a case-by-case basis.

3. Guidance

Option 1: Scottish Ministers develop guidance or directions for a manager of a Scottish Crown Estate asset that is tailored to the Scottish Crown Estate and aligns with the Scottish Government’s Purpose and the National Performance Framework.

Contact

Email: nikki.milne@gov.scot

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