# Scottish Crown Estate Act 2019, Section 18: Investment of money


A manager may invest a sum of money—
(a) from the manager's capital account only if it is invested—
(i) in the name of the manager, in a heritable security in Scotland or in a security over land in the rest of the United Kingdom,
(ii) in the name of the manager, in an interest-bearing account,
(iii) in an investment of such other description as the Scottish Ministers may specify in a direction under section 37(1),
(b) from the manager's income account only if it is invested in the name of the manager in an interest-bearing account.

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Source: https://www.legislation.gov.uk/asp/2019/1/section/18 (the official version)
Page: https://openlegislation.uk/scottish-crown-estate-act-2019/section-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

