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Civil List Act 1760

United Kingdom legislation / From Wikipedia, the free encyclopedia

The Civil List Act 1760 (1 Geo. 3 c. 1) was an Act of the Parliament of Great Britain passed upon the accession of George III.

Quick facts: Long title, Citation, Territorial extent ...
Long titleAn Act for the Support of his Majesty's Household, and of the Honour and Dignity of the Crown of Great Britain.
Citation1 Geo 3 c 1
Territorial extent England and Wales; Scotland
Status: Expired

The Act transferred almost all civil list revenues (mainly customs and excise) to Parliament. In the last year of George II's reign these had been worth £876,988. In return, the new king received a fixed, annual civil list of £800,000.[1] Under George II the economy had grown and consequently the revenues increased. The fixed amount George III received was therefore a reduction in the Civil List.[1]

If the previous arrangement had been retained, George III's civil list in 1777 would have been more than £1,000,000 and would have amounted to £1,812,308 in 1798.[1] The £800,000 stipulated in the Act was soon found to be inadequate and a civil list crisis was only averted in the early 1760s because George II had built up savings worth £172,000 that George III was able to draw on.[2] By the end of the decade the civil list arrears amounted to more than half a million pounds and the king had to apply to Parliament to pay it off.[3]