(1) The Biodiversity Conservation Trust is (subject to this section) the Fund Manager in respect of the Biodiversity Stewardship Payments Fund.
(2) The Minister may appoint a public authority, or other person or body, as the Fund Manager instead of the Trust. The appointment takes effect on the date notified by the Minister in the Gazette and may be revoked by the Minister by notice in the Gazette.
(3) The Fund Manager (unless it is a public authority so appointed) is not, and does not represent, the Crown.