  In the recently proposed `split supersymmetry' scenario, the squark and
slepton masses are allowed to be at a high scale while the gauginos and
Higgsinos are within a TeV. We show that in a theory with broken R-parity, the
parameter space of such a scenario allows a situation where the lightest
neutralino is still stable on the cosmological scale and can be a dark matter
candidate. We also separate the cases where (a) it may be invisible but not a
dark matter candidate, or (b) it may decay showing a displaced vertex. It is
also emphasized how the constraint on the simultaneous violation of baryon and
lepton numbers gets relaxed in this scenario.
