In which year was the Regulating Act passed?
The Regulating Act passed Lord North’s Government in AD 1773. Regulating Act (1773), legislation passed by the British Parliament for the regulation of the British East India Company.
Lord North decided the overhaul the management of the east India Company with the Regulating Act. This was the first step along the road to government control of India.The Act set up a system whereby it supervised (regulated) the work of the East India Company but did not take power for itself.
The Act said that:
1. The East India Company had to appoint and official to be Governor-General of all the districts controlled by the Company
2. The British government would appoint a council of four men to advise and control the Governor-General. One of the men appointed was Philip Francis, who is believed to have been junius.
The writer had attacked Grafton’s ministry in the public advertiser between 1768 and 1770. It’s also called Lord North’s Bill. Lord North ‘emphasized the need of placing the Company the need of placing the company’s affairs on a solid, clear and decisive establishment.’