# Bank of England Act 1696, Section XXXI: Bank Stock and Profit thereof exempted from Taxes.


And be it further enacted That the Co[m]mon Capital & Principal Stock and also the real Fund of the Governour and Company of the Bank of England or any Profitt or Produce to be made thereof or arising thereby or the particular Share Part and Interest of any Member of the said Corporation in the said Stock or Fund or the Profitt or Produce to be made thereof or ariseing thereby shall be and is hereby exempted from any Taxes Rates Assessments or Impositions whatsoever dureing the Continuance of the said Bank.

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Source: https://www.legislation.gov.uk/aep/Will3/8-9/20/section/XXXI (the official version)
Page: https://openlegislation.uk/bank-of-england-act-1696/section-XXXI
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.