Part I Constitution, regulation and financial arrangements

Constitution and regulation

1 Court of directors.

1

There shall continue to be a court of directors of the Bank.

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The court shall consist of the following directors appointed by Her Majesty—

a

a Governor,

b

a Deputy Governor for financial stability,

F3ba

a Deputy Governor for markets and banking,

c

a Deputy Governor for monetary policy,

d

a Deputy Governor for prudential regulation, and

e

not more than 9 non-executive directors.

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4

Schedule 1 shall have effect with respect to the court.