Bank of England Act 1998

[F19VDeferred publicationU.K.

(1)Where the Financial Policy Committee decides under subsection (8)(b) of section 9U that publication of information within the time required by subsection (1) of that section would be against the public interest—

(a)it must consider whether to fix a date as the earliest date on which the information may be published, and

(b)if it does not fix a date, it must keep under consideration the question whether publication of the information would still be against the public interest.

(2)The Committee must from time to time determine the procedures that it will follow in complying with the duty in subsection (1)(b).

(3)Where the Committee—

(a)fixes a date under subsection (1)(a) as the earliest date on which any information may be published, or

(b)decides under subsection (1)(b) that publication of any information is no longer against the public interest,

the Bank must publish the information at the time when it next publishes under section 9U(1) the record of a meeting of the Committee.]

Textual Amendments

F1Pt. 1A inserted (24.1.2013 for the insertion of ss. 9I(2), 9L, 9N for specified purposes and for the insertion of s. 9ZA, 19.2.2013 for the insertion of s. 9B for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 4(1), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c)(2), Sch. Pts. 2, 3, 4; S.I. 2013/423, art. 3, Sch.