I admit to being a bit confused. From what I understand, the crown estate commission is just a group of people whose job it is to organise the lands and investments, like a bunch of managers who are appointed by the Queen but are accountable to parliament.evilthecat said:In the event that happened, the property owned by the crown estate would still belong the crown estate commission. The monarch would not be able to sell or collect revenue from the lands except as dictated by the relevant acts of parliament, which dictate that only a small proportion of the crown estate's revenue goes to the monarch. In essence, nothing would change. There's absolutely no point in the monarch doing that.
The act of each monarch surrendering revenue from the crown estate ceased to actually mean anything a long time ago. The monarch legally cannot collect revenue from the crown estate, and hasn't been able to for 50 years.
I strolled over to wiki which said "Traditionally, each subsequent monarch has agreed to this formality as part of the ritual of their accession" (and also "Every succeeding sovereign... renewed the arrangement made between George III and parliament and the practice was, by the nineteenth century, recognised as "an integral part of the Constitution [which] would be difficult to abandon") which suggests to me that beyond tradition (and the hassle of causing such financial upset), they DO have the legal right to say 'actually, no, sorry, I'm not going to renew this agreement', at which point they would essentially rent their land out like any non-royal land-owner would...
I'm not citing wiki as an indisputable source, but unless it's outright wrong... It seems like I might be right. The current Queen can't collect rent because she's already renewed the agreement, but the next Monarch could decline to renew it and start rolling in the cash.