III.   Fund

Parliament is a type of Privy Fund as first formed in (1627) (3Car1.c.1) Parliament (Privilege) wherein Westminster through the passing of the “Petition of Right” asserted certain exclusive “privileges” for which the Crown was prohibited from infringing. The Petition contained such Rights claimed to Parliament as non-parliamentary taxation, the forced billeting of soldiers in wealthy estates, imprisonment (of parliamentarians and wealthy landowners) without cause and the use of martial law.

In respect of the Privy Fund known as Parliamentary Privilege:

(i) The actions of Charles I in ignoring the claims of Parliament, breaching the terms of such claims and the nature of the Privy Fund formation via petition, renders such privy Fund dissolved prior to the English Civil War; and

(ii) Subsequent Privy Funds did not explicitly mention the act. Therefore any claim therefore that the Privy Fund of 1627 is still operative by revival is deliberately false.