Charter Act of 1833

• Company's monopoly to tea trade and China trade was abolished and it was required to wind up its commercial business. But administration and political powers were continued and status quo was maintained.
• Fourth member was added to Governor General's Council for legislative purposes.  Macaulay was the first incumbent.
• First time, the Governor-General was known as Government of India and his council as the Indian Council, the act vested the legislative power exclusively in Governor-General-in-Council and deprived of the Government of the Residencies of their legislative functions.
• Law Commission under Macaulay was constituted.
• Beginning of Central Legislative Council in India.
• The Indian Civil Services was founded.