UK Parliament / Open data

Bank of England and Financial Services Bill [HL]

Moved by

Lord Bridges of Headley

1: Clause 3, page 4, line 6, at end insert—

“( ) In section 3C (reviews) after subsection (1) insert—

“(1A) Where they consider that to do so would contribute to the discharge by the court of directors of any of its oversight functions, the non-executive directors of the Bank (or a majority of them) may arrange—

(a) for a review to be conducted under this section in relation to any matter by a person appointed by those directors, and

(b) for the person conducting the review to make one or more reports to the court of directors.””

Type
Proceeding contribution
Reference
767 c1988 
Session
2015-16
Chamber / Committee
House of Lords chamber
Back to top