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Bank of England Act 1998
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Changes over time for: Section 15
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- 01/06/1998- Amendment
- 01/04/2013- Amendment
- 06/07/2016- Amendment
- 01/01/2024
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Bank of England Act 1998, Section 15 is up to date with all changes known to be in force on or before 07 November 2024. 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.
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15 Publication of minutes of meetings.U.K.
(1)[F1As soon as reasonably practicable after] each meeting of the Monetary Policy Committee, the Bank shall publish minutes of the meeting F2....
(2)Subsection (1) shall not apply to minutes of any proceedings relating to—
(a)a decision to intervene in financial markets, or
(b)a decision about the publication of a decision to intervene in financial markets,
unless the Committee has decided that publication of the decision to intervene would not be likely, or would no longer be likely, to impede or frustrate the achievement of the intervention’s purpose.
(3)Minutes of proceedings relating to—
(a)a decision to intervene in financial markets, or
(b)a decision about the publication of a decision to intervene in financial markets,
shall, if not required to be published [F3as soon as reasonably practicable after] the meeting, be published by the Bank [F4as soon as reasonably practicable after] a statement about the decision to intervene is published under section 14(5).
(4)Minutes published under this section shall record, in relation to any decision of the Committee, the voting preference of the members who took part in the vote on the decision.
[F5(4A)The Bank shall exclude from minutes published under this section information which relates to proceedings of the Financial Policy Committee if the Bank considers that publication of that information would be against the public interest.]
(5)Publication under this section shall be in such manner as the Bank thinks fit.
Textual Amendments
F1Words in s. 15(1) substituted (6.7.2016) by Bank of England and Financial Services Act 2016 (c. 14), ss. 8(2)(a), 41(3) (with Sch. 3); S.I. 2016/627, reg. 2(1)(i)
F2Words in s. 15(1) omitted (6.7.2016) by virtue of Bank of England and Financial Services Act 2016 (c. 14), ss. 8(2)(b), 41(3) (with Sch. 3); S.I. 2016/627, reg. 2(1)(i)
F3Words in s. 15(3) substituted (6.7.2016) by Bank of England and Financial Services Act 2016 (c. 14), ss. 8(3)(a), 41(3) (with Sch. 3); S.I. 2016/627, reg. 2(1)(i)
F4Words in s. 15(3) substituted (6.7.2016) by Bank of England and Financial Services Act 2016 (c. 14), ss. 8(3)(b), 41(3) (with Sch. 3); S.I. 2016/627, reg. 2(1)(i)
F5S. 15(4A) inserted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 1 para. 2 (with Sch. 20); S.I. 2013/423, art. 3, Sch.
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