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Bank of England Act 1861

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3Certain Charges for Managment to cease after 5th April 1860.

After the said Fifth Day of April One thousand eight hundred and sixty-one there shall cease to be paid to the Governor and Company the following Sums ; that is to say,

(1)The Sum of Four thousand Pounds, Part of the Annuity of One hundred thousand Pounds payable to the said Governor and Company in pursuance of the Act of the Session of the Fifth and Sixth Years of William and Mary, Chapter Twenty, and subsequent Acts;

(2)The annual Sum of One thousand five hundred and seventy-nine Pounds Eight Shillings and Fourpence payable to the said Governor and Company in respect of the Management of the Portion of the Capital Stock purchased of the South Sea Company, under the Provisions of an Act passed in the Seventh Year of His Majesty King George the First, Chapter Five.

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