Charters Act of 1793
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The Charter Act of 1793 extended the Company`s commercial privileges for another twenty years.
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In the year 1793 the company's commercial privileges were extended for another twenty years. The powers, which had been specially entrusted with Lord Cornwallis on his appointment to override his Council was extended to all future Governor General and Governors, by the Charter Act of 1793. . The jurisdiction of the governor-generals over the presidencies of Bombay and Madras was emphasized by the act. By the Charter Act, during the absence of the governor General from the province of Bengal, he was to appoint as vice President from the civilian members of his council to act in his place. Moreover the act envisaged that when he went over to Bombay or Madras he was to supersede the local governors the head of the administration. The commander-in Chief was not to be members of the Governor general's Council ipso facto. Regarding Home Government, the first named commissioners of the Board Controls was to be its President. The two junior members needs no longer be member of the Privy Council. All the members, by the charter Act of 1793, in future were to be paid salaries not out of the State Exchequer but out of the Indians revenues. This practice laid by the Charter Acts of 1793 continued upto 1919.
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