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Date: 2008-01-14 05:00 am (UTC)
The Sovereign derives her authority from Parliament (and from the governments of the other Commonwealth nations) under your famous "unwritten Constitution." Isn;t that what the Glorious Revolution and everythign was all about? Wikipedia isn't the best of all sources, obviously, but since I need to go to sleep:
It has long been established in the uncodified Constitution of the United Kingdom that political power is ultimately exercised by the Parliament of the United Kingdom, of which the Sovereign is a non-partisan component, along with the House of Lords and the House of Commons, and by the Prime Minister and Cabinet. Thus, as the modern British monarchy is a constitutional one, the Sovereign's role is in practice limited to non-partisan functions (such as being the fount of honour). This role has been recognised since the 19th century; Walter Bagehot identified the monarchy as the "dignified part" rather than the "efficient part" of government in The English Constitution (1867). In practice, political power is exercised today through Parliament and by the Prime Minister and Cabinet. The sovereign also holds the title of Supreme Governor of the established Church of England, although in practice the spiritual leadership of the Church is the responsibility of the Archbishop of Canterbury.
link: http://en.wikipedia.org/wiki/Monarchy_of_the_United_Kingdom#Constitutional_role
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