# Bank of England Act 1998, Paragraph 5

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

(1) A person is disqualified for appointment as Governor, Deputy Governor or non-executive director of the Bank if 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 money provided by Parliament.
(2) An officer or employee of the Bank, other than a person holding office under section 9B(1)(e), is disqualified for appointment as non-executive director of the Bank.

---
Source: https://www.legislation.gov.uk/ukpga/1998/11/schedule/1/paragraph/5 (the official version)
Page: https://openlegislation.uk/bank-of-england-act-1998/schedule-1/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

