◇ Overriding power given to Lord Cornwallis over his council, to all future Governor-Generals and Governors of Presidencies.
◇ It gave the Governor-General more powers and control over the governments of the subordinate Presidencies of Bombay and Madras.
◇ It extended the trade monopoly of the Company in India for another period of twenty years.
◇ It provided that the Commander-in-Chief was not to be a member of the Governor-General’s council, unless he was so appointed.
◇ It laid down that the members of the Board of Control and their staff were, henceforth, to be paid out of the Indian revenues.
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