Proceeds from " bona vacantia " in the Duchy are divided between two registered charities . " Bona vacantia " arises, in origin, by virtue of the Royal Prerogative and in some respects remains the position although the right to " bona vacantia " of the two major categories is now based on statute : Administration of Estates Act 1925 and the Companies Act 2006.
32.
Proceeds from " bona vacantia " in the Duchy are divided between two registered charities . " Bona vacantia " arises, in origin, by virtue of the Royal Prerogative and in some respects remains the position although the right to " bona vacantia " of the two major categories is now based on statute : Administration of Estates Act 1925 and the Companies Act 2006.
33.
Proceeds from " bona vacantia " in the Duchy are divided between two registered charities . " Bona vacantia " arises, in origin, by virtue of the Royal Prerogative and in some respects remains the position although the right to " bona vacantia " of the two major categories is now based on statute : Administration of Estates Act 1925 and the Companies Act 2006.
34.
If a person dies intestate with no identifiable heirs, the person's estate generally escheats ( i . e . is legally assigned ) to the Crown ( via the Bona vacantia division of the Treasury Solicitor ) or to the Duchy of Cornwall or Duchy of Lancaster when the deceased was a resident of either; in limited cases a discretionary distribution might be made by one of these bodies to persons who would otherwise be without entitlement under strict application of the rules of inheritance.
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