2The Bank's financial stability objectiveU.K.
This section has no associated Explanatory Notes
(1)Section 2A of the Bank of England Act 1998 (Financial Stability Objective) is amended as follows.
(2)In subsection (1)—
(a)for “contribute to protecting and enhancing” substitute “ protect and enhance ”, and
(b)for “systems” substitute “ system ”.
F1(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4)Omit subsection (3) (which is superseded by the amendments made by section 4 of this Act).
Textual Amendments
F1S. 2(3) repealed (1.3.2017) by Bank of England and Financial Services Act 2016 (c. 14), s. 41(3), Sch. 2 para. 68 (with Sch. 3); S.I. 2017/43, reg. 2(g)
Commencement Information
I1S. 2 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.