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Bank of England Act 1998

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This is the original version (as it was originally enacted).

15Publication of minutes of meetings

(1)After each meeting of the Monetary Policy Committee, the Bank shall publish minutes of the meeting before the end of the period of 6 weeks beginning with the day of the meeting.

(2)Subsection (1) shall not apply to minutes of any proceedings relating to—

(a)a decision to intervene in financial markets, or

(b)a decision about the publication of a decision to intervene in financial markets,

unless the Committee has decided that publication of the decision to intervene would not be likely, or would no longer be likely, to impede or frustrate the achievement of the intervention’s purpose.

(3)Minutes of proceedings relating to—

(a)a decision to intervene in financial markets, or

(b)a decision about the publication of a decision to intervene in financial markets,

shall, if not required to be published before the end of the period of 6 weeks beginning with the day of the meeting, be published by the Bank before the end of the period of 6 weeks beginning with the day on which a statement about the decision to intervene is published under section 14(5).

(4)Minutes published under this section shall record, in relation to any decision of the Committee, the voting preference of the members who took part in the vote on the decision.

(5)Publication under this section shall be in such manner as the Bank thinks fit.

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