The Country Bankers Act 1826 was an Act of the

Parliament of the United Kingdom The Parliament of the United Kingdom is the supreme legislative body of the United Kingdom, the Crown Dependencies and the British Overseas Territories. It meets at the Palace of Westminster, London. It alone possesses legislative suprema ...

enacted during the reign of

George IV George IV (George Augustus Frederick; 12 August 1762 – 26 June 1830) was King of the United Kingdom of Great Britain and Ireland and King of Hanover from the death of his father, King George III, on 29 January 1820, until his own death ten y ...

. The Act restricted the issue of banknotes by commercial banks in England and Wales. It relaxed some of the laws of the Bank of England Act 1709, allowing

joint-stock A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are ...

banks with more than six partners to issue

bank notes A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued ...

, as long as they were located more than from London.A brief history of banknotes
Bank of England (retrieved 8 October 2007) This Act also allowed the Bank of England to open branches in major provincial cities, enabling better distribution for its notes. The Country Bankers Act 1826 was one of the Bank Notes Acts 1826 to 1852.The

Short Titles Act 1896 The Short Titles Act 1896 (59 & 60 Vict c 14) is an Act of the Parliament of the United Kingdom. It replaces the Short Titles Act 1892. This Act was retained for the Republic of Ireland by section 2(2)(a) of, and Part 4 of Schedule 1 to, the ...

, section 2(1) and Schedule 2

References

Notes {{UK legislation United Kingdom Acts of Parliament 1826 1826 in economics Banking legislation in the United Kingdom