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. |
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Citation | 7 & 8 Vict. c. 32 |
Territorial extent | United Kingdom of Great Britain and Ireland |
Dates | |
Royal assent | 19 July 1844 |
Other legislation | |
Amended by | Statute Law Revision Act 1874 (No. 2) |
Repealed by | |
Status: Amended | |
Text of statute as originally enacted | |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.[2][3][4] It is one of the Bank of England Acts 1694 to 1892.[5]