The Act Commentary on Sections Part 1 - Coroners etc Section 29:  Exception to duty to investigate
234.This section extends the circumstances in which the Crown or relevant franchisee may disclaim title to an object to allow notice to be given to the Coroner for Treasure disclaiming the title before it is determined that the object is treasure. The finder in these circumstances would not be compensated under the treasure valuation system, but the object would be returned to the finder for them to dispose of as they see fit. Franchisees – where the item will vest in the franchisee rather than the Crown – are the Duchy of Cornwall, the Duchy of Lancaster, the Corporation of the City of London and the City of Bristol.