Bank Act, 1892

Internal regulations and stock of Bank of England.

7.(1) It shall be lawful for Her Majesty the Queen to grant, and for the Bank of England to accept, a[1] supplemental charter regulating the internal affairs of the corporation of the Bank of England. . [Rep. of enactments relating to internal affairs of Bank of England: rep. 8 Edw. 7. c. 49 (S.L.R.).]

(2) Notwithstanding the repeal of any enactment by this Act the capital stock of the Bank of England as existing at the passing of this Act shall be subject to the enactments so far as unrepealed which relate to stock of the Bank of England, and the holders of the stock shall be members of the corporation of the Bank of England.

[1 Charter granted Aug. 19, 1896, Stat. Rules and Orders Rev., 1904, “Bank of England,” p. 21.]