{
  "url": "https://openlegislation.uk/financial-services-act-2012/section-2",
  "json_url": "https://openlegislation.uk/financial-services-act-2012/section-2.json",
  "legislation": "ukpga/2012/21",
  "legislation_title": "Financial Services Act 2012",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012",
  "path": "section/2",
  "kind": "section",
  "number": "2",
  "heading": "The Bank's financial stability objective",
  "text": "(1) Section 2A of the Bank of England Act 1998 (Financial Stability Objective) is amended as follows.\n(2) In subsection (1)—\n(a) for “contribute to protecting and enhancing” substitute “ protect and enhance ”, and\n(b) for “systems” substitute “ system ”.\n(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(4) Omit subsection (3) (which is superseded by the amendments made by section 4 of this Act).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 2(3) repealed (1.3.2017) by Bank of England and Financial Services Act 2016 (c. 14), s. 41(3), Sch. 2 para. 68 (with Sch. 3); S.I. 2017/43, reg. 2(g)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "S. 2 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2012/21/section/2",
    "retrieved_at": "2026-10-28T17:02:37.394379+00:00",
    "licence": "OGL-UK-3.0",
    "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."
  }
}