# Banking Act 2009, Section 239: Number of directors


(1) Section 1 of the Bank of England Act 1998 (court of directors) is amended as follows.
(2) In subsection (2) omit “16”.
(3) After subsection (2) insert—
“(2A) The number of directors must not exceed 9.”
(4) The directors immediately before the day on which this section comes into force shall vacate office on that day (without prejudice to re-appointment).

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Source: https://www.legislation.gov.uk/ukpga/2009/1/section/239 (the official version)
Page: https://openlegislation.uk/banking-act-2009/section-239
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.