Duchy of Cornwall Management Act 1863

27 The Duke of Cornwall may accept a Surrender of any Lease, and grant separate Leases at apportioned Rents.U.K.

It shall be lawful for the Duke of Cornwall to accept a Surrender of any Lease of any of the Possessions of the said Duchy, and by Deed under the Seal of the Duchy of Cornwall to grant separate Leases of the whole or any Part of the Hereditaments comprised in such surrendered Lease for the Residue of the Term for which such Hereditaments were held under such Lease, and to apportion the Rent thereby reserved.