# Bank of England Act 1694, Section XXVI: Corporation not to trade. Punishment.


And to the intent that theire Majesties Subjects may not be oppressed by the said Corporation by theire monopolizing or ingrosseing any sort of Goods Wares of Merchandizes the said Corporation to be made and created by this Act shall not att any time dureing the continuance thereof deale or trade or permitt or suffer any person or persons whatsoever either in trust or for the benefitt of the same to deale or trade with any of the Stock-moneyes or Effects of or any wise belonging to the said Corporation in the buying or selling of any Goods Wares or Merchandizes whatsoever and every person or persons who shall soe deale or trade or by whose order or directions such Dealeings or Tradeing shall be made prosecuted or managed shall forfeite for every such Dealeing or Tradeing and every such order and directions treble the value of the Goods and Merchandize soe traded for to such person or persons who shall sue for the same by Action in the High Court:·

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Source: https://www.legislation.gov.uk/aep/WillandMar/5-6/20/section/XXVI (the official version)
Page: https://openlegislation.uk/bank-of-england-act-1694/section-XXVI
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.