Bank of England Act 1998
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Change 1
3E Recommendations resulting from review
(1) This section applies where a report made by a person appointed under section 3C to conduct a review makes recommendations to the Bank as to steps to be taken by it. (2) The court of directors must— (a) monitor the Bank's response to the report, and (b) if or to the extent that the Bank accepts the recommendations, monitor the implementation of the recommendations.
3E Recommendations resulting from review
(1) This section applies where a report made by a person appointed under section 3C to conduct a review makes recommendations to the Bank as to steps to be taken by it. (2) The court of directors must— (a) monitor the Bank's response to the report, and (b) if or to the extent that the Bank accepts the recommendations, monitor the implementation of the recommendations.
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