# Bank of England Act 1946, Paragraph 4

Extent: E+W+S+N.I.

A person shall be disqualified for holding the office of Governor, Deputy Governor or director if—
(a) he is . . . 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.

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Source: https://www.legislation.gov.uk/ukpga/Geo6/9-10/27/schedule/SECOND/paragraph/4 (the official version)
Page: https://openlegislation.uk/bank-of-england-act-1946/schedule-SECOND/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.