Episode 3 of 3
Financial Regulations and Dividend Limits
- When
- 1773
- Where
- Great Britain
- Part of
- Regulating Act 1773
The act limited company dividends to 6% until a £1.5 million loan was repaid and restricted the Court of Directors to four-year terms.
These measures were intended to improve the financial standing of the East India Company, which was in dire financial straits by 1773. The act complemented the Tea Act 1773 to reduce the surplus of tea held by the company.
Sources
- Regulating Act 1773 Wikipedia, revision of 2026-09-06
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.