East India Stock Dividend Redemption Act 1873

{{Short description|Act of the Parliament of the United Kingdom}}

{{Use dmy dates|date=November 2018}}

{{Use British English|date=November 2018}}

{{Infobox UK legislation

|short_title = East India Stock Dividend Redemption Act 1873{{efn|Section 1.}}This short title was conferred on this act by [https://books.google.com/books?id=ycZWAAAAcAAJ&pg=PA148 section 1] of this act

|type = Act

|parliament = Parliament of the United Kingdom

|long_title = An Act to provide for the Redemption or Commutation of the Dividend on the Capital Stock of the East India Company, and for the transfer of the Security Fund of the India Company to the Secretary of State in Council of India, and for the dissolution of the East India Company.

|year = 1873

|citation = 36 & 37 Vict. c. 17

|territorial_extent = {{ubli|United Kingdom|British India}}

|royal_assent = 15 May 1873

|commencement = 15 May 1873{{efn|The Acts of Parliament (Commencement) Act 1793.}}

|repeal_date = 10 March 1966

|amendments = Statute Law Revision Act 1883

|related_legislation = Government of India Act 1858

|repealing_legislation= Statute Law Revision Act 1966 (UK); Statute Law Revision Act 2007 (RoI)

|status = Repealed

|original_text = https://www.legislation.gov.uk/ukpga/Vict/36-37/17/enacted

}}

The East India Stock Dividend Redemption Act 1873 (36 & 37 Vict. c. 17) was an act of the Parliament of the United Kingdom, passed in 1873, that formally dissolved the British East India Company.

The act was one of the East India Loans Acts 1859 to 1893.The Short Titles Act 1896, section 2(1) and schedule 2

By the time of the act's passing, the British East India Company had already effectively ceased to exist. The company's governmental responsibilities were transferred to the Crown and its liquidation was set in motion by the Government of India Act 1858 (21 & 22 Vict. c. 106).{{Cite book |last=Wolpert |first=Stanley |url=https://www.worldcat.org/oclc/18019315 |title=A New History of India |publisher=Oxford University Press |year=1989|isbn=0-19-505636-1 |edition=3rd |location=Oxford |pages=239–240 |oclc=18019315}} The company's 240,000-man military force had also been transferred to the authority of the Crown (subsequently being incorporated into the British Indian Army), significantly reducing its influence.