{
  "url": "https://openlegislation.uk/bank-of-england-and-financial-services-act-2016/schedule-2/paragraph-5",
  "json_url": "https://openlegislation.uk/bank-of-england-and-financial-services-act-2016/schedule-2/paragraph-5.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/5",
  "kind": "paragraph",
  "number": "5",
  "heading": null,
  "text": "(1) Section 3C (reviews) is amended as follows.\n(2) In subsection (1)—\n(a) after “of its” insert “ oversight ”;\n(b) for “Oversight Committee” substitute “ court of directors ”;\n(c) in paragraphs (a) and (b) for “Committee” substitute “ court of directors ”.\n(3) In subsection (3)(a) for “by the Committee in the discharge of any of its” substitute “in relation to the discharge of any of the court's”.\n(4) Omit subsection (4).\n(5) In subsection (5) for “the Committee must have regard” substitute “ regard must be had ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 5 in force at 6.7.2016 by S.I. 2016/627, reg. 2(2)(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2016/14/schedule/2/paragraph/5",
    "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."
}