The phrase "act of granting" is correct and usable in written English.
It can be used in contexts where you are discussing the process or action of giving something, such as permission, rights, or benefits.
Example: "The act of granting permission to access the confidential files was carefully considered by the committee."
Alternatives: "process of granting" or "action of granting".
Toleration Act, (May 24 , 1689, act of Parliament granting freedom of worship to Nonconformists (i.e., dissenting Protestants such as Baptists and Congregationalists).
Three years later, with the Scottish treasury suffering meltdown from a failed attempt at establishing a colony in Panama, and amid fears of famine at home, Edinburgh passed the Act of Security, granting Scotland the right to challenge England's choice of successor.
The territory was dissolved on November 7, 1816, by an act of Congress granting statehood to Indiana.
They went on to point out that, even absent the obvious moral depravity of the argument, the tobacco industry was wrong on the legal precedent set by the 1833 Act of Parliament granting compensation.
The Constitution Act of 1889 granted self-government and a parliament to Western Australia.
The Bournemouth Improvement Act of 1856 granted greater financial autonomy to the town and a pier was approved that year.
The World War Adjusted Compensation Act of 1924 granted America's World War I veterans "bonus" pension certificates.
The last toll was paid in 1941, and most of the canal was formally abandoned by an Act of Parliament granted in 1954.
The Irish Nationality and Citizenship Act of 2004 granted dual Irish citizenship to U.S.-born children through either one of the parents or grandparents being born Irish.
The health care reform debate continues to be framed by the same insurance and pharmaceutical lobbies that wrote the 2003 Medicare Modernization Act to grant themselves billions of dollars of taxpayer subsidies and inflated profits.
