242QuorumU.K.
This section has no associated Explanatory Notes
(1)The Bank of England Act 1998 is amended as follows.
(2)In section 3 (functions delegated to sub-committee)—
(a)omit subsection (3),
(b)in subsection (7) for “(3)” substitute “ (4) ”, and
(c)at the end of subsection (7) add “ (including quorum) ”.
(3)In paragraph 13 of Schedule 1 (court of directors: proceedings)—
(a)omit sub-paragraph (2),
(b)in sub-paragraph (6) for “(2)” substitute “ (3) ”, and
(c)at the end of sub-paragraph (6) add “ (including quorum) ”.
Commencement Information
I1S. 242 in force at 1.6.2009 by S.I. 2009/1296, art. 2, Sch. para. 5