Bank Charter Act 1844
United Kingdom legislation / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Bank Charter Act?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
The Bank Charter Act 1844 (7 & 8 Vict. c. 32), sometimes referred to as the Peel Banking Act of 1844, was an Act of the Parliament of the United Kingdom, passed under the government of Robert Peel, which restricted the powers of British banks and gave exclusive note-issuing powers to the central Bank of England.[2] It is one of the Bank of England Acts 1694 to 1892.[3]
Quick Facts Long title, Citation ...
Act of Parliament | |
Long title | An Act to regulate the Issue of Bank Notes, and for giving to the Bank of England certain Privileges for a limited Period. |
---|---|
Citation | 7 & 8 Vict. c. 32 |
Territorial extent | United Kingdom of Great Britain and Ireland |
Dates | |
Royal assent | 19 July 1844 |
Other legislation | |
Repealed by |
|
Status: Current legislation | |
Text of statute as originally enacted | |
Revised text of statute as amended |
Close