Bank of England Act 1946

The Bank of England Act 1946 (9 & 10 Geo. 6. c. 27) is an act of the 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). The act was belonged to a series of nationalisations by the post-war Labour government led by Clement Attlee, which also contained the Coal Industry Nationalisation Act 1946, Electricity Act 1947, Transport Act 1947.^[1][2]

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)

Territorial extentUnited Kingdom

Quick facts Long title, Citation ...

Bank of England Act 1946^[a]

Act of Parliament
Parliament of the United Kingdom
Long title	An 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.
Citation	9 & 10 Geo. 6. c. 27
Introduced by	Hugh Dalton (Commons) Lord Pethick-Lawrence (Lords)
Territorial extent	United Kingdom
Dates
Royal assent	14 February 1946
Commencement	1 March 1746[b]
Other legislation
Amends	Bank of England Act 1694 Bank of England Act 1716
Repeals/revokes	Bank of England Act 1709
Amended by	Income Tax Act 1952Statute Law (Repeals) Act 1976 Official Secrets Act 1989 Bank of England Act 1998 Statute Law (Repeals) Act 2004 Bank of England and Financial Services Act 2016
Status: Amended
Text of statute as originally enacted
Revised text of statute as amended
Text of the Bank of England Act 1946 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.

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