royal-blue
Courtier
- Joined
- Jan 16, 2012
- Messages
- 617
- City
- Balmoral
- Country
- United Kingdom
The Duchies are independent pools of capital, with very specific rules on what can or can't be done with the capital. They are held in trust for the monarch and the heir respectively. They do not belong to the government or the people.
By whom? The Queen, as Monarch or the PoW, the beneficiaries of these two Duchies.
See above.
In addition to being audited, both BP and CH publish and Annual Review that very transparently lays out their respective sources of income and expenditure, quite like a public company may. IMO, these two organisations are probably some of the most transparent organisations!
.. and bring the finances of the BRF under the direct control of the government of the day? In doing so, you will destroy the independence of the monarchy from the government of the day.
The monarch and their heir do not need the multimillion pound income from the Duchies. The money could either be paid entirely to the Exchequer or to some charity.
The working royals should of course be compensated for the work they do,and housed appropriately but they do not need to be indulged or given a life of luxury that is not available to other people.