Crown Estate Commissioners: Wales

(asked on 7th October 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what fees the Crown Estate charges for leasing land to local authorities in Wales.


Answered by
James Murray Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 10th October 2024

The Crown Estate receives payment on its assets from local authorities through regulating leases. The terms of those leases are determined based on several factors, including the nature and value of the asset, the specific terms and conditions of the lease, and the intended use of the land.

Each lease agreement is tailored to reflect these variables, ensuring that the terms are fair and appropriate for both The Crown Estate and the local authority involved.

Reticulating Splines