The Act granted the Crown the Civil List revenues (mainly customs and excise), estimated to give the King an annual income of £800,000. If these revenues yielded less than £800,000 then Parliament would make up the shortfall. If on the other hand they were worth more than £800,000, the King could retain the surplus as well.[1] The Act differed from previous Civil List arrangements in that under the terms of the Act the income of the Crown would increase with the wealth of the nation. In the early years of George II's reign, the revenues fell below the stipulated amount of £800,000 but by the end of his reign he was receiving £876,988.[2]
Notesedit
^E. A. Reitan, 'The Civil List in Eighteenth-Century British Politics: Parliamentary Supremacy versus the Independence of the Crown', The Historical Journal Vol. 9, No. 3 (1966), p. 320.
civil, list, 1727, parliament, great, britain, passed, upon, accession, george, parliamentparliament, great, britainlong, titlean, better, support, majesty, household, honour, dignity, crown, great, britain, citation1, 1datesroyal, assent17, july, 1727other, l. The Civil List Act 1727 1 Geo 2 St 1 c 1 was an Act of the Parliament of Great Britain passed upon the accession of George II Civil List Act 1727Act of ParliamentParliament of Great BritainLong titleAn Act for the better Support of His Majesty s Household and of the Honour and Dignity of the Crown of Great Britain Citation1 Geo 2 St 1 c 1DatesRoyal assent17 July 1727Other legislationRepealed byStatute Law Revision Act 1867Status Repealed The Act granted the Crown the Civil List revenues mainly customs and excise estimated to give the King an annual income of 800 000 If these revenues yielded less than 800 000 then Parliament would make up the shortfall If on the other hand they were worth more than 800 000 the King could retain the surplus as well 1 The Act differed from previous Civil List arrangements in that under the terms of the Act the income of the Crown would increase with the wealth of the nation In the early years of George II s reign the revenues fell below the stipulated amount of 800 000 but by the end of his reign he was receiving 876 988 2 Notes edit E A Reitan The Civil List in Eighteenth Century British Politics Parliamentary Supremacy versus the Independence of the Crown The Historical Journal Vol 9 No 3 1966 p 320 Reitan p 320 Retrieved from https en wikipedia org w index php title Civil List Act 1727 amp oldid 1168716161, wikipedia, wiki, book, books, library,
