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Bank of England Act 1946

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  2. Introductory Text

    3. 1. Transfer of Bank stock to Treasury.

  3. 2. Court of directors of the Bank.

  4. 3. Consequential provisions as to constitution and powers of the Bank.

  5. 4. Treasury directions to the Bank and relations of the Bank with other banks.

  6. 5. Interpretation.

  7. 6. Short title.

    1. SCHEDULES

    2. FIRST SCHEDULE

      Incidental and Supplemental Provisions as to the Government Stock and Sums Payable by the Bank to the Treasury

      1. 1.The principal of and interest on the Government stock, and...

      2. 2.. . . . . . . . . ....

      3. 3.The interest on the Government stock shall be payable on...

      4. 4.A full half year’s interest on the Government stock shall...

      5. 5.. . . . . . . . . ....

      6. 6.Section forty-seven of the Finance Act 1942 (which empowers the...

      7. 7.Where immediately before the appointed day any dead person is...

      8. 8.The Government stock issued in substitution for any Bank stock...

      9. 9.Trustees, executors and all other holders in any representative or...

      10. 10.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

      11. 11.The Government stock shall be subject to the provisions of...

      12. 11A.(1) If, when a payment falls to be made under...

      13. 12.. . . . . . . . . ....

      14. 13.The sums paid by the Bank to the Treasury in...

      15. 14.Any sum paid by the Bank to the Treasury in...

    3. SECOND SCHEDULE

      1. 1.The term of office of the Governor and of the...

      2. 2.The term of office of the directors shall be four...

      3. 3.A person who has held the office of Governor, Deputy...

      4. 4.A person shall be disqualified for holding the office of...

      5. 5.Where the office of a director is vacated under the...

      6. 6.Not more than four of the directors may be employed...

      7. 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    4. THIRD SCHEDULE

      1. . . . . . . . . . ....

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