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Sovereign Grant Act 2011

The Sovereign Grant

Section 8: Power to change level of Sovereign Grant

70.This section applies if the Royal Trustees’ review calls for a different percentage to be used in the formula in section 6. It requires the Treasury to implement the conclusions of the review.

71.Under subsection (2), the Treasury must lay an order to amend the percentage in section 6(1). Subsection (3) requires the affirmative Parliamentary procedure (in the House of Commons only) to approve any increase in the percentage. Subsection (4) provides for the negative procedure (again, Commons only) for an order that decreases the percentage.

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