Passage of the Bank Charter Act 1844
- When
- 1844
- Where
- United Kingdom (parliamentary jurisdiction)
The Parliament of the United Kingdom passed the Bank Charter Act 1844 under Robert Peel's government, restricting British banks' powers and granting exclusive note-issuing rights to the Bank of England.
The Bank Charter Act 1844 (7 & 8 Vict. c. 32) was passed under the government of Robert Peel. The act restricted the powers of British banks and gave exclusive note-issuing powers to the central Bank of England. Its association with Peel is reflected in its alternative name, the Peel Banking Act of 1844. The supplied passages do not state the date of royal assent or the place of enactment, so no exact date or occurrence locality is asserted here.
Sources
- Bank Charter Act 1844 Wikipedia, revision of 2026-09-28
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.