The Peerage Act 1963 (1963 c. 48) is the Act of the Parliament of the United Kingdom that permitted peeresses in their own right and all Scottish hereditary peers to sit in the House of Lords, and which allows newly inherited hereditary peerages to be "disclaimed".
Read more about Peerage Act 1963: Background, Disclaiming Peerages, Other Provisions, List of Disclaimed Peerages
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“Dangerous conceits are in their natures poisons,
Which at the first are scarce found to distaste,
But with a little act upon the blood
Burn like the mines of sulphur.”
—William Shakespeare (1564–1616)