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'''Bona vacantia''' ([[Latin language|Latin]], meaning ''vacant goods'') is a [[doctrine]] of the [[common law]] in [[ |
'''Bona vacantia''' ([[Latin language|Latin]], meaning ''vacant goods'') is a [[doctrine]] of the [[common law]] in [[United Kingdom]] under which ownerless property passes by law to [[the Crown]]. It has largely replaced the doctrine of [[escheat]], which had a similar effect in relation to [[feudal]] [[tenure]]s. The body that administers ''bona vacantia'' varies within the UK: |
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*In [[England and Wales]], the '''Bona Vacantia''' division of the [[Treasury Solicitor's Department]] of the [[United Kingdom|UK]] Government is responsible for dealing with ''bona vacantia'' assets, which are chiefly: |
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* [[Treasure Trove]] |
** [[Treasure Trove]] |
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* Assets of companies for which ownership cannot be traced |
** Assets of companies for which ownership cannot be traced |
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* Assets of the estates of those deceased who died [[intestacy|intestate]] and for whom no beneficiaries can be traced. |
** Assets of the estates of those deceased who died [[intestacy|intestate]] and for whom no beneficiaries can be traced. |
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*In [[Scotland]], ''bona vacantia'' is administered by the [[Queen's & Lord Treasurer's Remembrancer]], an office held by the [[Crown Agent]], the senior official in the [[Crown Office and Procurator Fiscal Service (COPFS)]]. |
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In |
*In [[Northern Ireland]], ''bona vacantia'' is dealt with by the [[Crown Solicitor]] as the [[Treasury Solicitor's Nominee]]. |
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⚫ | *In the Duchies of [[Cornwall]] and [[Lancaster]], ''bona vacantia'' is in favour of the [[Duchy of Cornwall]] or the [[Duchy of Lancaster]] instead of [[the Crown]], highlighting the Duchies' distinct constitutional position from the rest of [[England]], and the administration is dealt with a firm of [[solicitor]]s, [[Farrer and Co]]. |
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== External links == |
== External links == |
Revision as of 11:27, 17 June 2005
Bona vacantia (Latin, meaning vacant goods) is a doctrine of the common law in United Kingdom under which ownerless property passes by law to the Crown. It has largely replaced the doctrine of escheat, which had a similar effect in relation to feudal tenures. The body that administers bona vacantia varies within the UK:
- In England and Wales, the Bona Vacantia division of the Treasury Solicitor's Department of the UK Government is responsible for dealing with bona vacantia assets, which are chiefly:
- Treasure Trove
- Assets of companies for which ownership cannot be traced
- Assets of the estates of those deceased who died intestate and for whom no beneficiaries can be traced.
- In Scotland, bona vacantia is administered by the Queen's & Lord Treasurer's Remembrancer, an office held by the Crown Agent, the senior official in the Crown Office and Procurator Fiscal Service (COPFS).
- In Northern Ireland, bona vacantia is dealt with by the Crown Solicitor as the Treasury Solicitor's Nominee.
- In the Duchies of Cornwall and Lancaster, bona vacantia is in favour of the Duchy of Cornwall or the Duchy of Lancaster instead of the Crown, highlighting the Duchies' distinct constitutional position from the rest of England, and the administration is dealt with a firm of solicitors, Farrer and Co.