§ 47. Mr. Tilneyasked the Chancellor of the Exchequer by what criteria the Crown Estates Commissioners judge the value of the foreshore when approached to sell a portion for development.
§ Mr. DiamondUnder the Crown Estate Act, 1961, the Commissioners are required to get the best price they reasonably can, having regard to all the circumstances other than any element of monopoly attributable to the Crown's ownership.