(1)This Act binds the Crown and accordingly such provision as is made by section 2 of this Act as respects feudal estates of dominium shall apply to the superiority of the Prince and Steward of Scotland and to the ultimate superiority of the Crown; but nothing in this Act shall be taken to supersede or impair any power exercisable by Her Majesty by virtue of Her prerogative.
(2)Without prejudice to the generality of subsection (1) above, in that subsection—
(a)Her Majesty’s prerogative includes the prerogative of honour; and
(b)“any power exercisable by Her Majesty by virtue of Her prerogative” includes—
(i)prerogative rights as respects ownerless or unclaimed property; and
(ii)the regalia majora.