Duchies in England

Currently, there are two duchies in England; the royal Duchy of Lancaster and the royal Duchy of Cornwall. Unlike historic duchies in England, these are no longer coextensive with a distinct geographic area, although they originated in the counties palatine of Lancaster and Cornwall. Rather, they are "Crown bodies", regulated by Acts of Parliament, that have some of the powers of a corporation or trust. The administration of the duchies is regulated by the Duchies of Lancaster and Cornwall (Accounts) Act 1838. The duchies invest primarily in land, and their income is payable either to the monarch or the monarch's eldest heir.