The Colony of Tasmania (more commonly referred to simply as "Tasmania") was a British colony that existed on the island of Tasmania from 1856 until 1901, when it federated together with the five other Australian colonies to form the Commonwealth of Australia. The possibility of the colony was established when the Parliament of the United Kingdom passed the Australian Constitutions Act in 1850, granting the right of legislative power to each of the six Australian colonies. The Legislative Council of Van Diemen's Land drafted a new constitution which they passed in 1854, and it was given Royal Assent by Queen Victoria in 1855. Later in that year the Privy Council approved the colony changing its name from "Van Diemen's Land" to "Tasmania", and in 1856, the newly elected bicameral parliament