PART 1Bank of England

2The Bank's financial stability objective

(1)

Section 2A of the Bank of England Act 1998 (Financial Stability Objective) is amended as follows.

(2)

In subsection (1)—

(a)

for “contribute to protecting and enhancing” substitute “ protect and enhance ”, and

(b)

for “systems” substitute “ system ”.

F1(3)

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

(4)

Omit subsection (3) (which is superseded by the amendments made by section 4 of this Act).