Scottish Crown Estate: strategic management plan

Vision and objectives, priorities and policies for the future management of the estate to deliver wider and long-term social, economic and environmental benefits.

Glossary of Terms

The Plan

The Strategic Management Plan

The Act

The Scottish Crown Estate Act 2019

The Bill

The Scottish Crown Estate Bill 2018

The Islands Act

Islands (Scotland) Act 2018

Capital account

Expenditure and financing on non-current assets used in providing services beyond the current accounting period.


Council Of Scottish Local Authorities

Estate in land

Where used in reference to the duty in section 90B(8) of the Scotland Act 1998 that the assets must be maintained as an estate in land, this means that the manager has a duty to maintain the value of the Scottish assets, with re-investment back into the estate, with due regard to the requirements of good management.

Exclusive Economic Zone

A sea zone, prescribed by the United Nations Convention on the Law of the Sea, over which a state has special rights regarding the exploration and use of marine resources, including energy production from water and wind.

Income Account

Statement showing day to day revenue and expenses over an annual period.



Legislative competence

Those areas in which the Scottish Parliament can make legislation.


Member of Scottish Parliament


National Performance Framework


Scottish Consolidated Fund
The fund created by the Scotland Act 1998 into which payments are made by the Secretary of State or sums received by the Scottish Administration, and out of which the spending of the Scottish Administration and other statutorily defined bodies comes.


Strategic Environmental Assessment

Shared Services

A service delivery model where transactional, operational, professional or supporting functions are delivered collaboratively on behalf of more than one body. Shared services can include joint-ventures between the public sector and private sector.


Scottish Public Finance Manual
Issued by the Scottish Ministers to provide guidance on the proper handling and reporting of public assets and funds.

Udal tenure

A form of land tenure found in the Northern Isles. It sources from a time when the Northern Isles formed part of Norway.


United Nations



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