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(This note is not part of the Order)
The Duchy of Lancaster Act 1817 provides the Duchy with the power to spend capital but in restricted circumstances namely, on the division, inclosure, drainage, embankment or other improvement carried out to land and property owned by the Duchy.
This Order amends the Act so that the power to spend capital is broadened to include the costs incurred by the Duchy in any improvement or development of Duchy land or property, whether or not it takes place.
The Order is made under the Legislative and Regulatory Reform Act 2006 (c. 51) and removes a burden on the Duchy of Lancaster.
A full impact assessment has not been prepared for this Order as no, or no significant impact on the business, voluntary or public sector is foreseen: there will be no impact outside the Duchy of Lancaster.
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