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”.
3
In subsection (2), for “and the Financial Services Authority)” substitute “, the Financial Conduct Authority and the Prudential Regulation Authority)”.
4
Omit subsection (3) (which is superseded by the amendments made by section 4 of this Act).