{
  "url": "https://openlegislation.uk/bank-of-england-and-financial-services-act-2016/section-5",
  "json_url": "https://openlegislation.uk/bank-of-england-and-financial-services-act-2016/section-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": "section/5",
  "kind": "section",
  "number": "5",
  "heading": "Financial stability strategy",
  "text": "(1) Paragraph 11 of Schedule 1 to the Bank of England Act 1998 (matters which may be delegated by court of directors) is amended as follows.\n(2) In sub-paragraph (2) after “paragraph” insert—\n“(a) include duties and powers conferred on the court of directors by section 9A (financial stability strategy), but\n(b) except as mentioned in paragraph (a),”.\n(3) After sub-paragraph (2) insert—\n“(3) The court of directors retains responsibility for a duty or power which it delegates under this paragraph.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 5 in force at 6.7.2016 by S.I. 2016/627, reg. 2(1)(f)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2016/14/section/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."
}