# Bank of England Act 1998, Paragraph 7

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

(1) A person appointed as Governor or Deputy Governor of the Bank shall vacate office if he becomes a person to whom paragraph 5(1) applies.
(2) A person appointed as non-executive director of the Bank shall vacate office if he becomes a person to whom paragraph 5(1) or (2) applies.

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Source: https://www.legislation.gov.uk/ukpga/1998/11/schedule/1/paragraph/7 (the official version)
Page: https://openlegislation.uk/bank-of-england-act-1998/schedule-1/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.