SCHEDULES

SCHEDULE 2Amendments relating to Part 1

PART 1Bank of England Act 1998

I116

1

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

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 ”.