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It's very simple really - it's a government-owned sovereign wealth fund, with an unusual clause that 25% of the revenue goes to the Queen. In this context, "cro
by djrobstep 5y ago
It's very simple really - it's a government-owned sovereign wealth fund, with an unusual clause that 25% of the revenue goes to the Queen. In this context, "crown" means "government" more than "queen", eg "crown land" means "government land".
If the UK ditched the monarchy, the government would continue to own this property, but keep the 25%.