Bank of England Act 1946

The Bank of England Act 1946 (9 & 10 Geo. 6. c. 27) is an act of Parliament of the United Kingdom which came into force on 14 February 1946. The act brought all of the stock of the Bank of England into public ownership on the "appointed date" (1 March 1946). This was one of a series of nationalisations by the post-war Labour government led by Clement Attlee.[1]

Bank of England Act 1946
Act of Parliament
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Long titleAn Act to bring the capital stock of the Bank of England into public ownership and bring the Bank under public control, to make provision with respect to the relations between the Treasury, the Bank of England and other banks and for purposes connected with the matters aforesaid.
Citation9 & 10 Geo. 6. c. 27
Introduced byHugh Dalton (Commons)
Lord Pethick-Lawrence (Lords)
Dates
Royal assent14 February 1946
Other legislation
AmendsBank of England Act 1694
Repeals/revokesBank of England Act 1709
Amended by
Status: Amended
Text of statute as originally enacted
Revised text of statute as amended

See also

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References

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  1. ^ "Bank of England Nationalised". Retrieved 18 February 2012.
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  NODES
Note 1