Part 7Miscellaneous
Bank of England
I1239Number of directors
1
Section 1 of the Bank of England Act 1998 (court of directors) is amended as follows.
2
In subsection (2) omit “16”.
3
After subsection (2) insert—
2A
The number of directors must not exceed 9.
4
The directors immediately before the day on which this section comes into force shall vacate office on that day (without prejudice to re-appointment).