Profits made by Scottish royal assets, formerly held as part of the Crown Estate, will be kept by the Scottish government.
Under the Smith Commission proposals control of the Scottish assets of the Crown Estate were transferred to the Scottish Parliament, ranging from off-shore wind farms to fishing rights to the Tobermory waterfront.
It is estimated that the Crown Estate will lose £14m a year of profits, which will lead to the Royal family receiving £2.1m less as its share.
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