# Bank of England Act 1998, Paragraph 1


(1) Appointment under section 9B(1)(d) or (e) as a member of the Financial Policy Committee is to be for a period of 3 years, but this is subject to sub-paragraph (2) and to paragraph 3.
(2) Initially some appointments may be for shorter and different periods so as to secure that appointments expire at different times.

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Source: https://www.legislation.gov.uk/ukpga/1998/11/schedule/2A/paragraph/1 (the official version)
Page: https://openlegislation.uk/bank-of-england-act-1998/schedule-2A/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.