Bank of England Act 1716

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Bank of England Act 1716 [a]
Coat of Arms of Great Britain (1714-1801).svg
Long title An Act for redeeming several Funds of the Governor and Company of the Bank of England, pursuant to former Provisoes of Redemption; and for securing to them several new funds and allowances redeemable by parliament; and for obliging them to advance further sums not exceeding two millions five hundred thousand pounds, at five pounds per centum, as shall be found necessary to be employed in lessening the national debts and incumbrances; and for continuing certain provisions formerly made for the expences of his Majesty's civil government; and for payment of annuities formerly purchased at the rate of five pounds per centum; and for other Purposes in this Act mentioned.
Citation 3 Geo. 1. c. 8
Territorial extent  Great Britain
Dates
Royal assent 15 July 1717
Commencement 20 February 1717 [b]
Repealed8 November 1995
Other legislation
Amended by
Repealed by Statute Law (Repeals) Act 1995
Status: Repealed
Text of statute as originally enacted
Revised text of statute as amended
Text of the Bank of England Act 1716 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.

The Bank of England Act 1716 (3 Geo. 1. c. 8) was an act of the Parliament of Great Britain. It was one of the Bank of England Acts 1694 to 1892. [1]

Contents

Subsequent developments

The act was partially repealed by the Statute Law Revision Act 1870 (33 & 34 Vict. c. 69), the Statute Law Revision Act 1887 (50 & 51 Vict. c. 59), the Statute Law Revision Act 1888 (51 & 52 Vict. c. 3), the Bank Act 1892 ( 55 & 56 Vict. c. 48), the Bank of England Act 1946 (9 & 10 Geo. 6. c. 27), and the Statute Law Revision Act 1948 (11 & 12 Geo. 6. c. 62).

The whole act as far as unrepealed was repealed by section 1 of, and group 2 of part IV of the schedule 1 to, the Statute Law (Repeals) Act 1995.

Notes

  1. The citation of this act by this short title was authorised by section 1 of, and the first schedule to, the Short Titles Act 1896. Due to the repeal of those provisions, it is now authorised by section 19(2) of the Interpretation Act 1978.
  2. Start of session.

References

  1. The Short Titles Act 1896, section 2(1) and schedule 2