Bank of England Act 1861
1From 5th April 1861 the Acts 48 G. 3. c. 4. and 56 Gr. 3. c. 97. repealed.
2As to future Payment to the Bank for Management of the Public Debt.
3Certain Charges for Managment to cease after 5th April 1860.
4So much of 7 & 8 Vict. c. 32. as requires the Bank to deduct certain Sums from Charges for Management repealed, and other Provisions made.
5Regulation as to Balances on the Dividend Account at the Bank.
6Commissioners of National Debt to transmit to Treasury the Amount of Unredeemed Debt on 5th April 1861.
7Increase of Facilities for the Transfer of Stocks and Annuities.
8Extending Powers of 56 G. 3. c. 60. as to the Re-transfer of unclaimed Dividends Stock.
9Accounts to be laid before Parliament by the Bank.
10Provision as to closing Books for Transfer of East India Stocks.

Bank of England Act 1861

1861 Chapter 3

All Act to make further Provision respecting certain Payments to and from the Bank of England, and to increase the Facilities for the Transfer of Stocks and Annuities, and for other Purposes.

WHEREAS it is expedient that the Rates of Allowance granted to the Governor and Company of the Bank of England for their Charges in the Management of the National Debt should be altered, and that new Regulations should be made for limiting the Balances in the Hands of the said Governor and Company of Sums issued for the Payment of Dividends :

Be it enacted by the Queen's most Excellent Majesty, by and with the Advice and Consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the Authority of the same, as follows :