Part 2 Other Acts
Bank of England and Financial Services Act 2016 (2016 c 14) | Legislation

Part 2 Other Acts

Bank of England Act 1946 (c 27)

23

In section 4(1) of the Bank of England Act 1946 (power of Treasury to give directions to the Bank)—

(a)     the words “monetary policy†become paragraph (a);

(b)     after that paragraph insert—

“(b)     the exercise by the Bank of its functions as the Prudential Regulation Authority (see section 2A of the Financial Services and Markets Act 2000).â€

House of Commons Disqualification Act 1975 (c 24)

24

In Part 3 of Schedule 1 to the House of Commons Disqualification Act 1975 (other disqualifying offices)—

(a)     omit “Member of the governing body of the Prudential Regulation Authority;â€;

(b)     at the appropriate place insert—

“Member of the Prudential Regulation Committee of the Bank of England appointed under section 30A(2)(f) or (g) of the Bank of England Act 1998â€.

Northern Ireland Assembly Disqualification Act 1975 (c 25)

25

In Part 3 of Schedule 1 to the Northern Ireland Assembly Disqualification Act 1975 (other disqualifying offices)—

(a)     omit “Member of the governing body of the Prudential Regulation Authority;â€;

(b)     at the appropriate place insert—

“Member of the Prudential Regulation Committee of the Bank

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