(1)There shall continue to be a court of directors of the Bank.
[F1(2)The court shall consist of the following directors appointed by Her Majesty—
(a)a Governor,
(b)a Deputy Governor for financial stability,
[F2(ba)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.]
F3(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4)Schedule 1 shall have effect with respect to the court.
Textual Amendments
F1 S. 1(2) substituted for s. 1(2)(2A) (19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21) , ss. 1(1) , 122(3) (with Sch. 20 ); S.I. 2013/113 , art. 2(2) , Sch. Pt. 4 ; S.I. 2013/423 , art. 3 , Sch.
F2 S. 1(2)(ba) inserted (6.7.2016) by Bank of England and Financial Services Act 2016 (c. 14) , ss. 1(2) , 41(3) (with Sch. 3 ); S.I. 2016/627 , reg. 2(1)(a)
F3 S. 1(3) repealed (1.4.2013) by Financial Services Act 2012 (c. 21) , s. 122(3) , Sch. 19 (with Sch. 20 ); S.I. 2013/423 , art. 3 , Sch.