HC Deb 15 February 1966 vol 724 c196W
47. Mr. Tilney

asked 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. Diamond

Under 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.