PART 1The Bank of England
Governance
I16Financial Policy Committee: status and membership
1
Section 9B(1) of the Bank of England Act 1998 (Financial Policy Committee) is amended as follows.
2
In the words before paragraph (a), for “sub-committee of the court of directors” substitute “
committee
”
.
3
For paragraph (b) substitute—
b
the Deputy Governor for financial stability,
ba
the Deputy Governor for markets and banking,
bb
the Deputy Governor for monetary policy,
bc
the Deputy Governor for prudential regulation,
4
In paragraph (e) for “4” substitute “
5
”
.