Duchy of Cornwall

The principal activity of the duchy is the management of its land holdings in England of . This includes of land in Cornwall itself which comprises 13% of the whole Duchy estate. Half of the estate is on Dartmoor in Devon, with other large holdings in Herefordshire, Somerset and almost all of the Isles of Scilly. The duchy also has a portfolio of financial investments. The administration of the duchy is regulated by the Duchies of Lancaster and Cornwall (Accounts) Act 1838, which requires the Treasury's supervision and for the accounts to be presented to both Houses of Parliament. The duchy has special legal rights, such as the rules on bona vacantia. This right to ownerless property operates in favour of the duchy rather than the Crown, such that the property of anyone who dies in the county of Cornwall without a will or identifiable heirs, and assets belonging to dissolved companies whose registered office was in Cornwall, pass to the duchy. However, from 1993 to his accession to the throne in 2022, Prince Charles voluntarily agreed to pay income tax at the normal rates (see Finances of the British Royal Family). Since the coming into force of the Sovereign Grant Act 2011, revenues of the Duchy of Cornwall will pass to the heir to the throne, regardless of whether that heir is the Duke of Cornwall. In the event that the heir is a minor, 10% of the revenues will pass to the heir, with the balance passing to the Crown. The duchy generated an income of £21.7m in 2017–18. This paid for most of the official and charitable activities of the Prince of Wales and the Duchess of Cornwall, as well as the official offices of the Duke and Duchess of Cambridge and Prince Harry. The duchy paid William in his first full year as Duke of Cornwall; the income supports the charitable and private activities of William, his wife, and their three children. In 2025, the Duke of Cornwall waived more than £10,000 a year in rents for charities, councils and community groups using Duchy land, including lifeboat stations, playing fields and village halls. ==History==

The duchy was established on 17 March 1337 by the Royal Great Charter out of the former Earldom of Cornwall by Edward III for his son, Edward, Prince of Wales, the "Black Prince", who became the first Duke of Cornwall. The charter established that the Duke of Cornwall is to be the eldest surviving son of the monarch and the heir to the throne. Additional charters were issued later by Edward III. The duchy consisted of the title and honour, and the land holdings that supported it financially. The charter afforded the duke certain rights and responsibilities in the county, including the right to appoint the county's sheriff and to the profits from the county courts, the stannaries and the ports. The duchy estate, which was based on the holdings of the previous earls, did not comprise the whole of the county, and much of it lay outside Cornwall. The extent of the estate has varied as various holdings have been sold and others acquired over the years, both within Cornwall and in other counties. The first duke ordered a survey called "The Caption of Seisin of the Duchy of Cornwall" in May 1337 to determine the extent of duchy holdings of Cornish land including manors, castles and knights' fees, profits from the stannary courts and shrievalty of Cornwall, and other revenues. A subsequent charter of Henry IV to Prince Henry stated: We have made and created Henry our most dear first-begotten Son, Prince of Wales, Duke of Cornwall and Earl of Chester, and have given and granted, and by our Charter have confirmed to him the said Principality, Duchy, and Earldom, that he may preside there, and by presiding, may direct and defend the said parts. We have invested him with the said Principality, Duchy, and Earldom, per sertum in capite et annulum in digito aureum ac virgam auream juxta morem. With the death of Prince Arthur in 1502, the Prince's Council became defunct. From 1547 to 1603, there was no male royal heir to hold the title of duke, and the duchy reverted to the Crown, in effect becoming a department of the Exchequer. The council was revived in 1611 to deal with a food crisis. In the Interregnum, 1649–1660 On the execution of Charles I, the Crown lands came under the control of Parliament; this lasted until the restoration of Charles II in 1660. Post-Interregnum In 1830, the Whigs argued that revenues from the two duchies of Cornwall and Lancaster should go to the public, but to secure King William IV's support for the Reform Act 1832 (2 & 3 Will. 4. c. 45) they eventually approved the civil list and left the duchies in possession of the royal family. In the 1880s the Duchy comprised . Parliament debated the two duchies' ownership multiple times, including when Queen Victoria and King Edward VII ascended the throne, respectively. In August 1980 the Highgrove estate was purchased by the Duchy of Cornwall for a figure believed to be between £800,000 and £1,000,000 with funds raised for its purchase by the sale of three properties from the duchy's holdings, including part of the village of Daglingworth in Gloucestershire. In 1988, West Dorset District Council allocated land in the ducal estate, west of Dorchester, for housing development, which became known as Poundbury. The Duchy Originals company was set up in 1992 to use produce from farms on the ducal estate, with some proceeds going to his charities. Duchy Originals was licensed out to Waitrose in 2009 after losses in 2008. In 2006, Llwynywermod was purchased by the Duchy as a residence for the Duke in Wales. In 1995, the duchy granted a 99-year lease of the uninhabited islets of the Isles of Scilly, plus the untenanted land on the five inhabited islands, to the Isles of Scilly Wildlife Trust for an annual payment of a single daffodil. On 7 February 2005, the Duchy of Cornwall's finances came under public scrutiny by the House of Commons Public Accounts Committee. In January 2012, the Duchy purchased a warehouse at Milton Keynes from Waitrose. The Duchy was involved in the Truro Eastern District Centre (TEDC) project. The TEDC project would see a park and ride, a recycling centre, 110 homes and a Waitrose at the junction of Union Hill and Newquay Road. The project received Cornwall Council approval in March 2012, but the Truro Council challenged it in court. This brought questions over the relationship between the Duchy and Waitrose. In 2013 permission was given for the building of Nansledan, an urban extension to Newquay in Cornwall, which the Duchy had been planning since the early 2000s. Construction began a few months later. In 2013, the Duchy's office in Cornwall moved from Liskeard to Restormel Manor's old farm buildings. In 2014, the Duchy purchased the southern half of the Port Eliot estate from Lord St Germans. By 2015, Prince William, then Duke of Cambridge, had started attending the twice-yearly Duchy Council. In 2017, the Paradise Papers revealed that the Duchy held investments in offshore funds and companies. The palace later stated that offshore investments had been exited by 2019. ==Property==

The duchy owns – 0.2% of UK land – in over 23 counties, including farming, residential, and commercial properties, as well as an investment portfolio. Most property is tenanted out, particularly farmland, while the forest land and holiday cottages are managed directly by the Duchy. The estate's holiday cottage business is centred on Restormel Manor, near Lostwithiel. The Duchy has ventured into planned development with Poundbury, near Dorchester in Dorset. In 2012, work began on a 174-home development at Tregunnel Hill, southwest of Newquay, referred to locally as "Surfbury", after the Poundbury project in Dorset. The intention is that Nansledan will evolve into a community of more than 4,000 homes supporting a similar number of jobs. Future plans include building more than 400 social rented homes and a further 475 affordable dwellings in South East Faversham. ==Legal status and additional rights==

Both the Duchy of Cornwall and the Duchy of Lancaster—since 1399 held by the monarch in a personal capacity—have special legal rights not available to other landed estates: for example, the rules on bona vacantia, the right to ownerless property, operate in favour of the holders of the duchies rather than the Crown, such that the property of anyone who dies in the county of Cornwall without a will or identifiable heirs, and assets belonging to dissolved companies whose registered office was in Cornwall, pass to the duchy. In 2007, £130,000 was realised from the right of bona vacantia, and given to a charitable fund. The duke owns freehold about three-fifths of the Cornish foreshore and the 'fundus', or bed, of navigable rivers and has right of wreck on all ships wrecked on Cornish shores, including those afloat offshore, and also to royal fish—i.e. whales, porpoises, and sturgeon. There are separate attorneys-general for the duchies. The High Sheriff of Cornwall is appointed by the Duke of Cornwall, not the monarch, in contrast to the other counties of England and Wales. The duke had a ceremonial role in summoning the Cornish Stannary Parliament. In Bruton v. ICO the first tier tribunal found that the duchy was a public authority for the purposes of the Environmental Information Regulations 2004. The Guardian reported in 2011 that, since 2005, the Prince of Wales has been asked to give his consent to a number of draft bills on matters ranging from town planning to gambling, because it could affect the interests of the Duchy of Cornwall. Andrew George, Liberal Democrat MP for St Ives, commented that "The duchy asserts that it is merely a private estate. Most people will be astonished to learn that it appears to have effective powers of veto over the government." Writing in the Guardian, lawyer David Gollancz commented that: "The duchy exercises a unique range of legal powers, which elsewhere are reserved for the crown.... It seems anomalous, and worrying, that such a huge estate, created and conferred by law and exercising significant legal powers, should be able to escape public scrutiny by calling itself a private estate." The requirement for the Prince of Wales to give consent to draft bills that could affect the interests of the Duchy of Cornwall is not a new power granted to the Prince, but a centuries-old parliamentary practice that involved the same requirement for consent being conferred on previous dukes of Cornwall (''see Prince's Consent''). For some Cornish activists, Cornwall itself is described, de jure, as a duchy as opposed to an ordinary county, and the duchy estates are distinguished from the duchy itself, having themselves been annexed and united to "the aforesaid duchy". The Royal Commission on the Constitution in 1973 recommended that Cornwall be officially referred to as "the duchy" on what it described as "appropriate occasions" given the nature of the county's "special relationship" with the Crown. The designation is sometimes found used informally in respect of the county as whole. Historically all justices of the assizes who visited Cornwall were also permanent members of the Prince's Council which oversees the Duchy of Cornwall and advises the duke. There are on record at least three instances in which the prince overruled the king by instructing his officials to ignore or disobey orders issued to them by the King's Chancery. ==Taxation==

The government considers the duchy to be a Crown body and therefore exempt from paying corporation tax. The tax position of the duchy has been challenged by British republicans. In 2012, following a ruling that the duchy was separate from, the then-Prince Charles, for the purposes of regulation, Republic (the campaign for an elected head of state) asked HM Revenue and Customs to investigate whether the duchy should still be exempt from tax. The tax exemption is based on the assumption that the duchy estate was inseparable from the tax-exempt person of the Prince of Wales. Since 1993, the Prince of Wales has voluntarily paid income tax on the duchy income, less amounts which he considers to be official expenditure. Prince Charles paid a voluntary contribution to the treasury of 50% of his Duchy income from the time he became eligible for its full income at the age of 21 in 1969, and paid 25% from his marriage in 1981 until the current arrangement commenced in 1993. Tax is calculated after deducting official expenditure, the biggest source of which was the Prince's staff of about 110 who assisted with his performance of official duties, including private secretaries and a valet working in his office at Clarence House and at Highgrove House. The official expenditure of the Prince of Wales is not audited by the National Audit Office. ==Coat of arms==

Traditionally, Cornish people refer to the Duke of Cornwall in the Loyal Toast, much like the Duke of Normandy in the Channel Islands, and the Duke of Lancaster in the historical county palatine of Lancaster (Lancashire). == See also ==