Act of Security
Oxford Dictionary of British History:
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Act of Security
Security, Act of [S], 1704. The Scottish Act of Security was, paradoxically, an important step towards Union. After the failure of the Darien scheme in 1700, the Scots were bitter towards England. The Scottish Parliament pointedly refused to follow the English Act of Settlement (1701), which ensured succession to the Hanoverians. Instead, their Act of Security left the Scottish succession to be resolved by Parliament later and declared that the successor in England would not be named if Scottish grievances over religion, liberty, and trade were not met. The two countries were now on collision course and negotiations commenced which resulted in Union in 1707.
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Act of Security
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Oxford Dictionary of British History
A Dictionary of British History. Copyright © 2001, 2004 by Oxford University Press. All rights reserved.
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Mentioned in
ERISA
(abbreviation)
Social Security Act of 1935
(insurance term)
Tax Reform Act of 1976
(insurance term)
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