British Tax Code Amendment Act, 2023

British Tax Code Amendment Act, 2023
Parliament of Great Britain and Ireland
An Act to reserve authority over the Crown Estates for the Sovereign.
Citation	Original Text
Enacted by	House of Commons
Date enacted	03 January, 2023
Enacted by	House of Lords
Date enacted	21 January, 2023
Date of Royal Assent	21 January, 2023
Signed by	HM Queen Elizabeth III
Introduced by	Sir Elio Somerset MP (BRP)
Amends
British Tax Code Act, 2022
Repealing legislation
None
Status: In force

Content of the Act

Article I || Titles

1.00 || This Act may be cited and referred to in short as the British Tax Code Amendment Act 2022.

1.01 || This Act may be referred to in full as An Act to reserve authority over the Crown Estates for the Sovereign.

Article II || Amendments

2.00 || The British Tax Code Act 2022 is amended as follows:

2.01 || Article IV is amended

  Article IV || Properties of the Crown
  4.00 || Crown Estates are hereby established.
  4.01 || Crown Estates are those estates whose ownership lies with the Crown. and may be used by the Sovereign at their pleasure. The Sovereign may grant permission to members of the Royal Family to use these estates at their pleasure. Authority over the composition, usage, and governance of the Crown Estates is held by the Sovereign.
  4.01a || The Sovereign is prohibited from selling or gifting crown estates.
  4.02 || Crown Estates are those estates that have been established via OiC 027 dated 23rd June, 2022. Any modifications must occur via amendments to this OiC and it may not be repealed without a replacement.
  4.03 || The Sovereign and the Royal Family may hold private residences like other citizens.
  4.04 || Crown Estates cannot be sold or rented.
  4.05 || The Household Division is tasked with the protection of these estates.

2.02 || The following is added to Article V

  5.05 || Estates shall be forbidden from using the "Monetary System" plugin's interest feature.
  5.05a || Any person caught using the interest system for estate shall be punished with a fine of up to 50% of the Money the estate holds, as decided by HMG

Article III || Ratification

3.00 || This Amendment shall come into effect upon passage by both Houses of Parliament with a simple majority and assent by the Sovereign or other authority as established under the Monarchy Act of 2021.