Country Bankers Act 1826
Act of Parliament | |
The Country Bankers Act 1826joint-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
Notes
- 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.
- ^ a b A brief history of banknotes Bank of England (retrieved 8 October 2007)
- ^ The Short Titles Act 1896, section 2(1) and Schedule 2