SCHEDULES

SCHEDULE 1 Court of directors

F1Publication of record of meetings

Annotations:
Amendments (Textual)
F1

Sch. 1 para. 12A and cross-heading inserted (19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 2 para. 1(11) (with Sch. 20); S.I. 2013/113, art. 2(2), Sch. Pt. 4; S.I. 2013/423, art. 3, Sch.

12A

1

The Bank must publish a record of each meeting of the court—

a

before the end of the period of 6 weeks beginning with the day of the meeting, or

b

if no meeting of the court is subsequently held during that period, before the end of the period of 2 weeks beginning with the day of the next meeting.

2

The record must specify any decisions taken at the meeting (including decisions to take no action) and must set out, in relation to each decision, a summary of the court's deliberations.

3

Sub-paragraphs (1) and (2) do not require the publication of information whose publication within the time required by sub-paragraph (1) would in the opinion of the court be against the public interest.

4

Publication under this section is to be in such manner as the Bank thinks fit.