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Paragraph 12

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The court shall meet at least F17 times in each calendar year.

F2(2)

Either of the following may summon a meeting at any time on giving such notice as the circumstances appear to require—

(a)

the Governor of the Bank (or in his absence a Deputy Governor), and

(b)

the chair of the court.

Annotations

Textual amendments

F1

Words in Sch. 1 para. 12(1) substituted (1.6.2009) by Banking Act 2009 (c. 1), ss. 240(2), 263(1) (with s. 247); S.I. 2009/1296, art. 2, Sch. para. 3

F2

Sch. 1 para. 12(2) substituted (1.6.2009) by Banking Act 2009 (c. 1), ss. 240(3), 263(1) (with s. 247); S.I. 2009/1296, art. 2, Sch. para. 3