Country Bankers’ Act 1826
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The Country Bankers Act 1826 was an Act of the Parliament of the United Kingdom enacted during the reign of George IV. The Act restricted the issue of banknotes by commercial banks in England and Wales. It relaxed some of the laws of the
Bank of England Act 1709 The Bank of England Act 1709 ( 8 Ann. c. 1) was an Act of the Parliament of Great Britain. It was one of the Bank of England Acts 1694 to 1892. Only the title of this Act is printed in Ruffhead's Edition.Council of Law Reporting. ''The Law R ...
, allowing
joint-stock A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are ...
banks with more than six partners to issue bank notes, as long as they were located more than from London.A brief history of banknotes
Bank of England (retrieved 8 October 2007)
This Act also allowed the Bank of England to open branches in major provincial cities, enabling better distribution for its notes. The Country Bankers Act 1826 was one of the
Bank Notes Acts 1826 to 1852 Bank Notes Act is a stock short title used in the United Kingdom for legislation relating to bank notes. List The Bank Notes Acts 1826 to 1852 was the collective title of the following Acts: *The Bank Notes Act 1826 (7 Geo 4 c 6) *The Country Ban ...
.The Short Titles Act 1896, section 2(1) and Schedule 2


References

Notes {{UK legislation United Kingdom Acts of Parliament 1826 1826 in economics Banking legislation in the United Kingdom