It redesignated the Governor-General of BENGAL as the Governor-General of India. Under this provision Lord William Bentinckbecame the first Governor-General of India.

It deprived the Governors of Bombay andMadras of their legislative powers. For the first time, the Governor-General's Government was known as the 'Government of India' and his council as the 'India Council'. The Governor-General and his executive council were GIVEN exclusive legislative powers for the whole of British India.

It ended the activities of the British East India Company as a commercial body and it became a purely administrative body. In particular, the Company lost its monopoly on trade with China and other parts of the Far East.

It attempted to introduce a system of open competitions for the selection of civil servants. However this provision was negated after opposition from the Court of Directors who continued to hold the PRIVILEGE of appointing Company officials.

The ISLAND of Saint Helena was vested in His Majesty.

this ACT is also known as Saint Helena act..
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