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Bank of England Act 1998
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23Consequential amendments
(1)Schedule 5 (amendments of primary, and other principal, legislation consequential on the transfer of functions by section 21) shall have effect.
(2)The Treasury may by order make such amendments or revocations of any instrument made under an Act as they think necessary or expedient in consequence of the transfer of functions by this Part.
(3)If a reference in a relevant provision to the Bank is predicated on the continuing exercise by the Bank of any of the transferred functions, it shall, in relation to any time after the coming into force of this Act, have effect as a reference to the Authority.
(4)In subsection (3), “relevant provision” means a provision which—
(a)has effect before, as well as after, the coming into force of this Act, and
(b)is contained in a document other than an Act or an instrument made under an Act.
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