# Banking Act 2009, Section 243: Tenure


(1) At the end of paragraph 1 of Schedule 1 to the Bank of England Act 1998 (Governor and Deputies: appointment) add—
“(3) A person may not be appointed as Governor more than twice.
(4) A person may not be appointed as Deputy Governor more than twice.”
(2) At the end of paragraph 6 of that Schedule (re-appointment) insert “ (subject to paragraph 1(3) and (4)) ”.
(3) After paragraphs 1 and 2 of Schedule 3 to that Act (Monetary Policy Committee: appointment) insert—
“
2A A person may not be appointed as a member of the Committee under section 13(2)(c) more than twice.”
(4) At the end of paragraph 6 of that Schedule (re-appointment) insert “ (subject to paragraph 2A) ”.

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Source: https://www.legislation.gov.uk/ukpga/2009/1/section/243 (the official version)
Page: https://openlegislation.uk/banking-act-2009/section-243
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.