# Bank of England Act 1696, Section XXXV: No Act of the Corporation to subject the particular Share of any Member to Forfeiture; but such Share to remain entire.


And be it further enacted by the Authority aforesaid That no Act Matter or Thing Acts Matters or Things already done or hereafter to be done by the said Corporation of the Governor and Company of the Bank of England or by their Successors or by the Court of Directors of the said Corporation or by any Sub Co[m]mittee appointed or to be appointed by the said Corporation shall forfeit or subject or make liable to forfeiture the particular private and personal Estate Interest Stock and Property of any Member of the said Corporation but that notwithstanding any Act or Acts Matter or Matters Thing or Things done or to be done by the said Governour and Company of the Bank of England or by the said Court of Directors or Sub-Co[m]mittees as aforesaid the Estate Stock Interest and Property with the whole Proceed Benefitt Profitt & Advantage thereof belonging to each and every Member of the said whole Corporation and his particular Right Claime and Title thereunto and to every part thereof shall be and remaine unforfeited untouched whole safe and entire to the proper Use & Behoofe of each and every of the said Members subject neverthelesse to the Payment of all just Debts contracted by the said Corporation Any Law Statute Usage or Custome to the contrary notwithstanding.

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