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Renewed Company’s commercial privileges for next 20 years.
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Company to pay 5 lakh pounds annually to British government.
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Royal approval mandated for appointment of Governor-General, Governors, Commander-in-Chief.
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Senior officials debarred from leaving India without permission.
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Company empowered to give licenses (privilege or country trade) to trade in India.
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Revenue administration separated from judiciary functions, so Maal Adalats disappeared.
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Home Government members to be paid out of Indian revenues, continued upto 1919.