[1A Power to alter membership of court of directors]
Bank of England Act 1998 (1998 c 11) | Legislation

[1A  Power to alter membership of court of directors]

[(1)     The Treasury, after consulting the Governor of the Bank, may by order amend the list in section 1(2) so as to—

(a)     alter the title of a Deputy Governor;

(b)     add a Deputy Governor to the list;

(c)     remove a Deputy Governor from the list.

(2)     An order under subsection (1)(a) or (c) must (by making saving provision or otherwise) secure that the alteration in the title of a Deputy Governor or the removal of a Deputy Governor from the list in section 1(2) does not have effect in relation to the individual (if any) who holds that office at the time the order is made.

(3)     An order under subsection

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