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  simplifiedl transcript - source4  
Extracts from the Better Government of India Bill, passed by the British Parliament in 1858
(Catalogue ref: PRO 30/12/22 pt1)
A Bill for the Better Government of India.

Transfer of the Government of India to Her Majesty.
I. The government of the territories now held or governed by the East India Company, and all powers of government carried out by the Company in trust for Her Majesty, shall cease to be carried out by the Company. Legal power over all territories held or governed by the Company, and all rights that might have been carried out by the Company over any territories if this Act had not been passed, shall now go to, and be carried out on behalf of, Her Majesty. In this Act, 'India' shall mean the territories belonging to Her Majesty and all the territories which may come to belong to her Majesty due to any rights mentioned above.

II. India shall be governed by, and in the name of, Her Majesty. All rights that might have been exercised by the Company over any territories if this Act had not been passed, shall be exercised on behalf of her Majesty by the Government of India. All the revenues raised in India, and all the tributes and other payments from any territories, which would have been received by the Company if this Act had not been passed, shall be received by, and in the name of, Her Majesty. The money shall be used for the purposes of the Government of India, subject to this Act. ......

Council of India.
VII. A Council shall be set up, with fifteen members, to be called the ‘Council of India’. The council in India currently with that name will from now on be called the ‘Council of the Governor General of India’.

VIII. Within fourteen days after the passing of this Act, the directors of the East India Company shall elect, from among current and former company directors, seven people to be (with people appointed by Her Majesty) the first members of the Council. After the election the Company shall officially let the Board of Commissioners for the Affairs of India know the names of the people elected. And it shall be legal for Her Majesty, by warrant, within thirty days of the passing of this Act, to appoint eight people to be members of the Council. ......

X. The majority of the people elected by the directors, and the people first appointed by Her Majesty to be members of the Council after the passing of this Act, shall have served or lived in India for at least ten years. No one other than a person so qualified shall be appointed or elected to fill any vacancy in the Council unless at least eight of the other members of the Council at the time are so qualified.
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