- [[Dual Administration of Bengal|Dual Administration]] was abolished
- Company dividends were limited to 6% until the loans were repaid, court of directors restricted to four years.
- Act elated Governor of [[Bengal]] to Governor general of Bengal and subsumed presidencies over [[Madras]] and [[Bombay]]
- Supreme Court was established in [[Calcutta]] and British judges were to be sent from England to administer the British system here.