It shall be lawful for the Council of His said Royal Highness, at any Time or Times during His Minority, to purchase, for and on behalf of His said Royal Highness, His Heirs and Successors, any Manors, Lordships, Messuages, Lands, Tenements, or Hereditaments in England in Fee Simple, or any Copyhold Lands or Hereditaments the Freehold of which shall be in His said Royal Highness, or any Rents, Pensions, Annuities, Rights of Common or Mining, or other Charges or Rights, whether in Fee Simple or not, which shall be issuing out of or charged upon, or extend or be exercised over, any of the Lands or Possessions of the said Duchy of Cornwall, and which shall in the Judgment of the said Council be desirable to be purchased for and on behalf of His said Royal Highness, His Heirs and Successors, and for those Purposes to enter into and make, or authorize to be entered into and made, such Contracts or Agreements as to the said Council shall seem proper; and all such Manors, Lordships, Messuages, Lands, Tenements, and Hereditaments, Rents, Pensions, Annuities, Rights of Common or Mining, or other Charges and Rights so to be purchased, shall be conveyed or surrendered to His said Royal Highness, His Heirs and Successors; and such Conveyances may be either according to the Form for that Purpose set forth in the said Second Schedule hereto annexed, or in any other Form which to the said Council shall seem more proper; and all Manors, Lordships, Messuages, Lands, Tenements, and Hereditaments which shall be so purchased, and shall not become extinct by the Conveyance or Surrender thereof, shall on the Completion of the respective Purchases thereof become to all Intents and Purposes Part and Parcel of the Lands and Possessions of the said Duchy of Cornwall, and be subject to the same Limitations, Provisions, Powers, and Authorities in every respect, including the Powers and Provisions in this Act contained, as the other Lands and Possessions of the said Duchy.