Bank Charter Act 1844

Bank Charter Act 1844
Act of Parliament
	Parliament of the United Kingdom
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Repealed by	Currency and Bank Notes Act 1928; Currency and Bank Notes Act 1939; Banking Act 2009;
Status: Current legislation
Text of statute as originally enacted
Revised text of statute as amended

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. It is one of the Bank of England Acts 1694 to 1892.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.