{
  "url": "https://openlegislation.uk/bank-of-england-and-financial-services-act-2016/schedule-2/paragraph-2",
  "json_url": "https://openlegislation.uk/bank-of-england-and-financial-services-act-2016/schedule-2/paragraph-2.json",
  "legislation": "ukpga/2016/14",
  "legislation_title": "Bank of England and Financial Services Act 2016",
  "legislation_url": "https://openlegislation.uk/bank-of-england-and-financial-services-act-2016",
  "path": "schedule/2/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "In section 2 (functions of court of directors), for subsection (5) substitute—\n“(5) Subsections (2) to (4) are subject to—\n(a) section 2A (Financial Stability Objective);\n(b) section 11 (objectives in relation to monetary policy);\n(c) Part 1A of the Financial Services and Markets Act 2000 (objectives and strategy of the Prudential Regulation Authority).”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 2 in force at 1.3.2017 by S.I. 2017/43, reg. 2(g)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2016/14/schedule/2/paragraph/2",
    "retrieved_at": "2026-10-29T09:06:19.191572+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}