Bubble Act

E1012590

The Bubble Act was a 1720 British law passed after the South Sea Bubble to restrict the formation of joint-stock companies and curb speculative financial schemes.

All labels observed (1)

Label Occurrences
Bubble Act canonical 2

How this entity was disambiguated

Statements (30)

Predicate Object
instanceOf Act of Parliament of Great Britain
British statute
appliesTo England
Scotland
Wales
country Kingdom of Great Britain
datePassed 1720
effect discouraged speculative company promotions
limited creation of new joint-stock companies without royal charter or Act of Parliament
enactedAfter South Sea Bubble
field company law
economic history
financial regulation
hasLanguage English
historicalPeriod early 18th century
impact constrained development of corporate business forms in Britain
isPartOf British company law history
jurisdiction Parliament of Great Britain
legalForm statute
legalStatus repealed
mainSubject joint-stock companies
speculative financial schemes
motivation desire to restore confidence in financial markets
public outcry over speculative bubbles
purpose to curb speculative financial schemes
to restrict the formation of joint-stock companies
regulates company formation
unincorporated joint-stock companies
relatedTo South Sea Bubble
South Sea Company

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Bubble Act 1720 shortName Bubble Act
Royal Exchange and London Assurance Corporation Act 1719 hasAlias Bubble Act