The Jesuits - top of the pyramid?

lorenhough

Well-Known Member
Crown Estate
This article is about British landholdings.
The Crown Estate

Statutory corporation overview
Formed
1961
Jurisdiction United Kingdom
Headquarters 16 New Burlington Place, London, W1S 2HX
Employees 397
Statutory corporationexecutive
  • Sir Stuart Hampson, Chairman
Website www.thecrownestate.co.uk
The Crown Estate is a collection of lands and holdings in the United Kingdom belonging to the British monarch as a corporation sole, making it the "Sovereign's public estate", which is neither government property nor part of the monarch's private estate.[1][2][3][4] As a result of this arrangement, the sovereign is not involved with the management or administration of the estate, exercising only very limited control of its affairs.[5] Instead, the estate's extensive portfolio is overseen by a semi-independent, incorporated public body headed by the Crown Estate Commissioners, who exercise "the powers of ownership" of the estate, although they are not "owners in their own right".[1] The revenues from these hereditary possessions have been placed by the monarch at the disposition of Her Majesty's Government and thus proceed directly to Her Majesty's Treasury for the benefit of the British nation.[1][6][7] The Crown Estate is formally accountable to the Parliament of the United Kingdom, where it is legally mandated to make an annual report to the sovereign, a copy of which is forwarded to the House of Commons.[5][8]

The Crown Estate is one of the largest property owners in the United Kingdom with a portfolio worth £8.1 billion,[9] with urban properties valued at around £4 billion, and rural holdings valued at £1.049 billion, representing an annual profit of £240.2 million as at 31 March 2012.[10] The majority of the estate by value is urban, including a large number of properties in central London, but the estate also owns 144,000 ha (356,000 ac) of agricultural land and forest,[11] more than half of the UK's foreshore, and retains various other traditional holdings and rights, for example Ascot racecourse and Windsor Great Park.

Historically, Crown Estate properties were administered by the reigning monarch to help fund the business of governing the country. However, in 1760, George III surrendered control over the Estate's revenues to the treasury,[4] thus relieving him of the responsibility to personally pay for the costs of the civil service, the national debt, and his own personal debts. In return, he received an annual grant known as the Civil List. By tradition, each subsequent monarch agreed to this arrangement upon his or her accession. However, from 1 April 2012, under the terms of the Sovereign Grant Act 2011 (SSG), the Civil List was abolished and the monarch was thenceforth provided with a stable source of revenue indexed to a percentage of the Crown Estate's annual net revenue (currently set at 15%). This was intended to provide a long-term solution and remove the politically sensitive issue of parliament having to debate the Civil List allowance every 10 years. Subsequently, the Sovereign Grant Act allows for all future monarchs to simply extend these provisions for their reigns by Order in Council.[2] The act does not imply any legal change on the nature of the estate's ownership, but is simply a benchmark by which the sovereign grant is set as a grant by parliament.
 

Richard Stanley

Well-Known Member
He giveth with one hand and taketh with another, he works in mysterious ways. How could he do so if all he is supposed to be about today is Peace, Love, and Corn Flakes?

Some people, the psychopathic and sociopathic elites understand this principle either inherently, or by education, and chose to advantage themselves generation over generation. While others have also come to comprehend this metaphorical truth (about whatever is the underlying Causative engine of the universe) and choose to attempt to consciously select their better 'angels' so to speak. Yet for the rest they choose to remain in the world of mostly programmatic denial or ignorance, always being fearfully informed of the next manifestation of Satan - one of God's other sons.
 
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