Bank of England and Financial Services Act 2016

This section has no associated Explanatory Notes

2In section 2 (functions of court of directors), for subsection (5) substitute—

(5)Subsections (2) to (4) are subject to—

(a)section 2A (Financial Stability Objective);

(b)section 11 (objectives in relation to monetary policy);

(c)Part 1A of the Financial Services and Markets Act 2000 (objectives and strategy of the Prudential Regulation Authority).