http://www.legislation.gov.uk/id/ukpga/1998/11

http://www.legislation.gov.uk/ukpga/1998/11/section/2A

Bank of England Act 1998

An Act to make provision about the constitution, regulation, financial arrangements and functions of the Bank of England, including provision for the transfer of supervisory functions; to amend the Banking Act 1987 in relation to the provision and disclosure of information; to make provision relating to appointments to the governing body of a designated agency under the Financial Services Act 1986; to amend Schedule 5 to that Act; to make provision relating to the registration of Government stocks and bonds; to make provision about the application of section 207 of the Companies Act 1989 to bearer securities; and for connected purposes.

1998-04-23

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text/xml

Statute Law Database

2024-04-02

Expert Participation

2024-03-01

Bank of England Act 1998

s. 2A(2)

Bank of England and Financial Services Act 2016

Sch. 2

para. 3

Sch. 3

s. 41(3)

Bank of England Act 1998

s. 9Y(4)(a)

Bank of England and Financial Services Act 2016

Sch. 2

para. 13(4)(a)

Sch. 3

s. 41(3)

Bank of England Act 1998

s. 9Y(4)(b)

Bank of England and Financial Services Act 2016

Sch. 2

para. 13(4)(b)

Sch. 3

s. 41(3)

Bank of England Act 1998

s. 41(4)

Legal Services Act 2007

Sch. 23

s. 29

192

193

s. 211(2)

art. 2(i)(ix)

Part I Constitution, regulation and financial arrangements

Constitution and regulation

2AF1Financial Stability Objective

1

An objective of the Bank shall be to F2protect and enhance the stability of the financial F3system of the United Kingdom (the “Financial Stability Objective”).

2

In pursuing the Financial Stability Objective the Bank shall aim to work with other relevant bodies (including the Treasury F5and the Financial Conduct Authority).

F4 3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations:

Amendments (Textual)

Ss. 2A-2C inserted (1.6.2009) by Banking Act 2009 (c. 1) , ss. 238(1) , 263(1) (with s. 247 ); S.I. 2009/1296 , art. 2 , Sch. para. 1

Words in s. 2A(1) substituted (1.4.2013) by Financial Services Act 2012 (c. 21) , ss. 2(2)(a) , 122(3) (with Sch. 20 ); S.I. 2013/423 , art. 3 , Sch.

Word in s. 2A(1) substituted (1.4.2013) by Financial Services Act 2012 (c. 21) , ss. 2(2)(b) , 122(3) (with Sch. 20 ); S.I. 2013/423 , art. 3 , Sch.

Words in s. 2A(2) substituted (1.3.2017) by Bank of England and Financial Services Act 2016 (c. 14), s. 41(3), Sch. 2 para. 3 (with Sch. 3); S.I. 2017/43, reg. 2(g)

S. 2A(3) omitted (1.4.2013) by virtue of Financial Services Act 2012 (c. 21) , ss. 2(4) , 122(3) (with Sch. 20 ); S.I. 2013/423 , art. 3 , Sch.