Version Superseded: 01/06/2009
Point in time view as at 01/06/1998.
Bank of England Act 1998, Cross Heading: Qualification for appointment is up to date with all changes known to be in force on or before 08 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
5(1)A person is disqualified for appointment as Governor, Deputy Governor or director of the Bank if he is a Minister of the Crown or a person serving in a government department in employment in respect of which remuneration is payable out of money provided by Parliament.U.K.
(2)A person is disqualified for appointment as director of the Bank if he is a servant of the Bank.
6U.K.The fact that a person has held office as Governor, Deputy Governor or director of the Bank does not disqualify him for re-appointment to that office or for appointment to any other of those offices.
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