The Queen was shown legislation which can have forced her to reveal her personal finances within the Seventies “by convention”, Buckingham Palace says.
Papers revealed by the Guardian counsel the monarch’s personal lawyers with success lobbied to alter a draft law to hide her wealth.
The documents were unearthed as a part of AN investigation into Queen’s consent.
It is a method wherever Parliament asks for consent once debating bills that have an effect on the Crown’s interests.
More than one,000 draft laws are seen by the Queen or the aristocrat of Wales before being approved by MPs as a part of the procedure, the Guardian same.
Queen’s consent is often granted wherever requested, the palace same.
The long-established convention sees the monarch asked to supply consent by Parliament once it’s considering legislation “which would have an effect on the perquisite or interests of the Crown”, in line with the Royal Family’s web site.
This method is separate to Royal Assent, wherever the monarch formally approves to a bill gone by Parliament for it to become law.
Royal Assent has not been refused since 1708.
The government memos, found within the National Archives, originate to 1973.
They show that the Queen, involved that new legislation would possibly force her to reveal her personal holdings in firms, despatched lawyers to argue her case with the then Department of Trade and trade.
A revision to the draft law afterward enabled her as a head of state to sidestep the new laws.
The Guardian suggests that early sight of the draft legislation, beneath the powers of Queen’s consent, gave the monarch AN unmatchable chance to influence the legislation to her advantage.