Bank of England and Financial Services Act 2016

This section has no associated Explanatory Notes

16(1)Section 16 (functions of Oversight Committee) is amended as follows.U.K.

(2)In subsection (1) for “Oversight Committee” substitute “ court of directors of the Bank ”.

(3)In subsection (2) for “the function of the Oversight Committee” substitute “ the court's function ”.

(4)In the heading, for “Oversight Committee” substitute “ court of directors ”.

Commencement Information

I1Sch. 2 para. 16 in force at 6.7.2016 by S.I. 2016/627, reg. 2(2)(f)