The features of this Act were as foIIows:

1. It extended the overriding power given to Lord Cornwallis over his council, to all future Governor-Generals and Governors of Presidencies.

2. It gave the Governor-General more powers and control over the governments of the subordinate Presidencies of Bombay and Madras.

3. It extended the trade monopoly of the Company in India for another period of twenty years.

4. It provided that the Commander-in-Chief was not to be a member of the Governor-General’s council, unless he was so appointed.

5. It laid down that the members of the Board of Control and their staff were, henceforth, to be paid out of the Indian revenues.