Clause 1 - Power of Crown Estate Commissioners  to borrow etc
Amendment proposed: 4, page 1, line 26, at end insert—
“(3) The Chancellor of the Exchequer must limit borrowing by the Crown Estate under this section by regulations made by statutory instrument, and these regulations may not be made unless a draft of the instrument has been laid before and approved by a resolution of each House of Parliament.
(4) The first set of regulations made under subsection (3) must limit borrowing to a net debt to asset value ratio of no more than 25 per cent.”—(James Wild.)