# Bank of England Act 1998, Paragraph 15


(1) The Committee may take a decision on a matter without a meeting if—
(a) a majority of eligible members indicate in writing their agreement to the decision,
(b) the eligible members who indicate in writing their agreement to the decision would have constituted a quorum at a meeting of the Committee, and
(c) any other requirements determined by the Committee are met.
(2) “Eligible members” are members of the Committee who would have been entitled to vote on the matter if the matter had been proposed for decision at a meeting of the Committee.

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Source: https://www.legislation.gov.uk/ukpga/1998/11/schedule/2A/paragraph/15 (the official version)
Page: https://openlegislation.uk/bank-of-england-act-1998/schedule-2A/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

