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Crown Estate

Volume 405: debated on Monday 19 May 2003

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To ask the Chancellor of the Exchequer how much revenue has been received by the Treasury from rents paid for use of the Crown Estate's seabed in each year since 1973; and how much the Crown Estate has invested in marine research in each of those years. [113935]

The overall net revenue surplus of The Crown Estate is surrendered to the Exchequer. This payment is not subdivided by the individual constituents of the Estate's property holdings. Figures for the gross surpluses from the operations of the different components of The Crown Estate are set out in the organisation's annual report which is available in the Library of the House.Since 1985 The Crown Estate has invested around £3.7 million in marine related research into areas such as fish farming and the environmental impact of dredging. A breakdown of the figures is as follows:

£000
198556
198667
198771
198875
1989100
1990124
1991425
1992192
1993208
1994189
1995228
1996287
1997383
1998284
1999304
2000303
2001164
2002241