Crown Estate Bill completes passage through Parliament

The Crown Estate Bill aims to widen the borrowing and investment powers of the Crown Estate to speed up the development of offshore wind projects, in collaboration with Great British Energy, and to deliver long-term financial returns to the taxpayer.

Consideration of amendments

The bill was considered by the House of Lords between 25 July and 18 November 2024 before passing to the House of Commons. 

On Tuesday 4 March, members of the Lords considered changes (PDF) made to the bill by MPs in the Commons in a process known as parliamentary 'ping pong'. 

Lords members agreed with Commons changes on disposal of the territorial seabed, salmon farms on the Crown Estate, and public funds.

Catch up

• Watch the Parliament TV recording.
• Read the Lords Hansard transcript.

Explore further information

Find out more about the bill in the House of Lords Library briefing.

Next steps

Following agreement by both Houses on the text of the bill it received Royal Assent on Tuesday 11 March.

The bill is now an Act of Parliament (law).

What's happened so far?

Third reading

Third reading, a chance for members to ‘tidy up' the bill, ensuring the text is effective, workable and without loopholes, took place on Monday 18 November.

Report stage

Report stage, a further chance to closely scrutinise elements of the bill and make changes, took place on Tuesday 5 November.

Committee stage

Committee stage, a chance to thoroughly examine individual parts (clauses) of the bill, took place on Wednesday 14 October.

Second reading

Second reading, a full debate on the key principles of the bill, took place on Monday 2 September.

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