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In force since 2026-11-02, as the publisher states.
Copy read on 2026-11-08. The page it was read from
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.
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4 provisions
Title and introductory text
Sovereign Grant Act 2026
2026 Chapter 28
An Act to specify the amount of the Sovereign Grant for the financial year 2027-28 and the percentage of the income account net surplus of the Crown Estate to be used by the Royal Trustees to determine the amount of the Sovereign Grant in subsequent financial years; to confer a duty and a power on the Treasury to specify the amount of the Sovereign Grant in subsequent financial years in certain circumstances; and for connected purposes.
[2nd November 2026]
Most Gracious Sovereign,
Whereas Your Majesty has been graciously pleased to signify to Your faithful Commons in Parliament assembled that Your Majesty is desirous that consideration should be given by Your faithful Commons to the provision made by Parliament for the financial support of Your Majesty and other members of the Royal Household, and to the arrangements to be made for the continuation of such support in the reigns of Your successors.
And Whereas Your Majesty has further been graciously pleased to signify that Your Majesty is desirous that the hereditary revenues of the Crown for any period for which support is provided to any of Your successors should be at the disposal of Your faithful Commons.
Now, therefore, we, Your Majesty’s most dutiful and loyal subjects, the Commons of the United Kingdom in Parliament assembled, have freely and voluntarily resolved to make such provision as hereinafter appears for the purposes aforesaid, and we do most humbly beseech Your Majesty that it may be enacted, and be it enacted by the King’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
Propose a change1 Amount of Sovereign Grant for the financial year 2027-28
(1) In section 1 of the Sovereign Grant Act 2011 (the Sovereign Grant), for subsection (3) substitute—
(3) The amount of the Sovereign Grant for the financial year 2027-28 is £99.9 million.
(2) Accordingly, the following duties under the Sovereign Grant Act 2011 do not apply—
(a) the duty of the Royal Trustees under section 5(1) of that Act to prepare a report stating their determination of the amount of the Sovereign Grant for the financial year 2027-28;
(b) any duty of the Royal Trustees or the Treasury under that Act arising out of the preparation of such a report.
Propose a change2 Determination of subsequent amounts of Sovereign Grant by Royal Trustees
(1) In section 6(1) of the Sovereign Grant Act 2011 (determination by Royal Trustees of the amount of Sovereign Grant for a financial year), in Step 1 (percentage of income account net surplus of Crown Estate to be used in determination), for “12%” substitute “20.5%”.
(2) Accordingly, the following duties under the Sovereign Grant Act 2011 do not apply—
(a) the duty of the Royal Trustees under section 7(1) of that Act to review as soon as practicable after the end of the review period ending with 31 March 2026 whether the percentage specified in Step 1 of section 6(1) is appropriate;
(b) any duty of the Royal Trustees or the Treasury under that Act arising out of such a review.
Propose a change4 Commencement and short title
(1) Sections 1(2) and 2(2), and this section, come into force on the day on which this Act is passed.
(2) The other provisions of this Act come into force on 1 April 2027.
(3) This Act may be cited as the Sovereign Grant Act 2026.
Propose a change