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Civil List Act 1936

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This is the original version (as it was originally enacted).

10Meaning of "net revenues of Duchy of Cornwall"

(1)For the purposes of this Act the expression " net revenues of the Duchy of Cornwall" means, in relation to any year, the sum certified in respect of each year by the joint certificate of the auditor of the Duchy and the auditor of the Civil List to be the surplus in that year of the receipts of the Duchy on revenue account over payments on revenue account.

(2)In determining for the purposes of this section what receipts and payments are to be taken to be receipts and payments on revenue account, the two auditors shall follow the ordinary practice of the Duchy as existing immediately before the commencement of this Act, and shall include in their certificate a statement that they have complied with the provisions of this subsection.

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