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Annual Natural Wealth
Statement documents
1
The Treasury must prepare a Natural
Wealth Statement and Natural Wealth
Report for each financial year.
2
The contents of a Natural Wealth
Statement and Natural Wealth Report
must conform to any provision set out
in the Charter.
3
The Treasury must lay each Natural
Wealth Statement and Natural Wealth
Report before Parliament.
4
The Treasury must publish each
Natural Wealth Statement and
Natural Wealth Report.
Exercise of regulatory functions:
environmental wealth
1
A person exercising a regulatory
function to which this section applies
must, in the exercise of the function,
have regard to the desirability of
promoting natural wealth.
2
A Minister of the Crown may by order
specify the regulatory functions to
which section applies.
Interpretation
1
In this bill, “natural wealth” means
the stock of natural capital assets
in England and Wales.