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.
COSLA
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.
KM
Kilometres
Legislative competence
Those areas in which the Scottish Parliament can make legislation.
MSP
Member of Scottish Parliament
NPF
National Performance Framework
SCF
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.
SEA
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.
SPFM
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.
UN
United Nations
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