OpenLegislation

Paragraph 4

United Kingdom

A person shall be disqualified for holding the office of Governor, Deputy Governor or director if—

(a)

he is . . . F1 a Minister of the Crown, or a person serving in a Government Department in employment in respect of which remuneration is payable out of moneys provided by Parliament; or

(b)

he is an alien within the meaning of the British Nationality and Status of Aliens Acts 1914 to 1943; or

(c)

he is subject to any disqualification which may be imposed by the charter of the Bank;

and a person shall vacate any such office if he becomes subject to any such disqualification.

Annotations

Textual amendments

F1

Words repealed by House of Commons Disqualification Act 1957 (c. 20), Sch. 4 Pt. I

Notes on Schedule SECOND

Textual amendments

F1

Second Schedule repealed (1.6.1998) by 1998 c. 11, s. 43, Sch. 9 Pt. I; S.I. 1998/1120, art.2