SCHEDULES
SCHEDULE 2Amendments relating to Part 1
PART 1Bank of England Act 1998
5
1
Section 3C (reviews) is amended as follows.
2
In subsection (1)—
a
after “of its” insert “oversight”;
b
for “Oversight Committee” substitute “court of directors”;
c
in paragraphs (a) and (b) for “Committee” substitute “court of directors”.
3
In subsection (3)(a) for “by the Committee in the discharge of any of its” substitute “in relation to the discharge of any of the court’s”.
4
Omit subsection (4).
5
In subsection (5) for “the Committee must have regard” substitute “regard must be had”.