Country Bankers Act 1826

United Kingdom legislation
Country Bankers Act 1826
Act of Parliament
Citation7 Geo. 4. c. 46

The Country Bankers Act 1826[1] was an Act of the Parliament of the United Kingdom enacted during the reign of George IV. The Act restricted the issue of banknotes by commercial banks in England and Wales. It relaxed some of the laws of the Bank of England Act 1709, allowing joint-stock banks with more than six partners to issue bank notes, as long as they were located more than 65 miles (105 km) from London.[2]

This Act also allowed the Bank of England to open branches in major provincial cities, enabling better distribution for its notes.[2]

The Country Bankers Act 1826 was one of the Bank Notes Acts 1826 to 1852.[3]

References

  • iconBanks portal

Notes

  1. ^ The citation of this Act by this short title was authorised by the Short Titles Act 1896, section 1 and the first schedule. Due to the repeal of those provisions it is now authorised by section 19(2) of the Interpretation Act 1978.
  2. ^ a b A brief history of banknotes Bank of England (retrieved 8 October 2007)
  3. ^ The Short Titles Act 1896, section 2(1) and Schedule 2
  • v
  • t
  • e
Pre-parliamentary legislation
Acts of parliaments of states preceding
the Kingdom of Great Britain
Parliament of England
Parliament of Scotland
Acts of Parliament of the
Kingdom of Great BritainActs of the Parliament of IrelandActs of Parliament of the United Kingdom of
Great Britain and Ireland and the United
Kingdom of Great Britain and Northern Ireland
relating to the European Union (formerly European Communities)
Church of England measures
  • List
  • Church of England Assembly (Powers) Act 1919
Legislation of devolved institutionsOrders in Council
for Northern Ireland
Secondary legislation
Authority control databases: People Edit this at Wikidata
  • UK Parliament