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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. |
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Citation | 3 Geo. 1. c. 8 |
Territorial extent | Great Britain |
Dates | |
Royal assent | 15 July 1717 |
Commencement | 20 February 1717 [b] |
Repealed | 8 November 1995 |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Repealed by | Statute Law (Repeals) Act 1995 |
Status: Repealed | |
Text of statute as originally enacted | |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]
The act was partially repealed by the Statute Law Revision Act 1870 (33 & 34 Vict.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The whole act as far as unrepealed was repealed by section 1 of, and group 2 of part IV of the schedule 1 to, the Statute Law (Repeals) Act 1995.