Bank of England Act 1946

E434576

The Bank of England Act 1946 is a UK statute that nationalised the Bank of England and established the framework for government control and oversight of the central bank.

All labels observed (1)

Label Occurrences
Bank of England Act 1946 canonical 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf Act of Parliament of the United Kingdom
United Kingdom statute
affects Bank of England NERFINISHED
amendedBy Bank of England Act 1998 NERFINISHED
appliesTo England NERFINISHED
Northern Ireland NERFINISHED
Scotland NERFINISHED
Wales NERFINISHED
classification public general act
country United Kingdom
effect defined the relationship between the Treasury and the Bank of England
established a framework for government oversight of the Bank of England
placed the Bank of England under public ownership NERFINISHED
strengthened Treasury powers over the Bank of England
transferred ownership of the Bank of England to the UK government
enactedBy Labour government of Clement Attlee NERFINISHED
field constitutional law of the United Kingdom
economic law
financial law
jurisdiction Parliament of the United Kingdom NERFINISHED
United Kingdom
languageOfText English
legalStatus in force with amendments
legalSystem English law NERFINISHED
Northern Ireland law
Scots law NERFINISHED
legislativeBody Parliament of the United Kingdom NERFINISHED
longTitle An Act to bring the capital stock of the Bank of England into public ownership and to make provision with respect to the relations between the Treasury, the Bank of England and the Monetary Policy Committee and for purposes connected therewith
politicalContext post-World War II nationalisation programme in the United Kingdom
purpose to nationalise the Bank of England
to provide a statutory framework for government control of the central bank
to regulate the governance of the Bank of England under public ownership
regulates governance of the Bank of England
ownership of the Bank of England
powers of HM Treasury in relation to the Bank of England
relevantTo UK monetary policy framework
central banking law
public ownership of financial institutions
royalAssent 1946
sector central banking
financial services
shortTitle Bank of England Act 1946 NERFINISHED
subjectMatter central banking regulation in the United Kingdom
government control of the Bank of England
nationalisation of the Bank of England
public ownership of the central bank
relationship between HM Treasury and the Bank of England
typeOfNationalisation full state ownership of share capital
yearOfAct 1946

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Bank of England Act 1998 amends Bank of England Act 1946