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The island is a self-governing dependent territory of the British Crown which is not part of the United Kingdom, but for which the Crown has the responsibility for ensuring the good government of the island and for its external affairs, but the Island's democratically elected government exercises full control of its internal affairs and territorial waters. By long standing convention, the U.K. Government does not legislate for the Island except with the specific consent of the Island's Government.

The High Court of Tynwald is the Parliament of the Isle of Man, is over 1,000 years old and is considered to be the oldest Parliament in the world with unbroken existence.