Part of Oral Answers to Questions — Duchy of Lancaster – in the House of Commons at 12:00 am on 25 November 1991.
Mr Chris Patten
, Bath
12:00,
25 November 1991
I spend up to a quarter of my time carrying out my duties as Chancellor of the Duchy.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.
