Clause 221
Banking Bill
2:45 pm

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Photo of Mark Hoban

Mark Hoban (Shadow Minister, Treasury; Fareham, Conservative)

I beg to move amendment No. 65, in clause 221, page 105, line 24, at beginning insert—

‘(A1) In paragraph 1 of Schedule 1 to the Bank of England Act 1998 (Governor and Deputies: appointment) for sub-paragraph (1) substitute—

“(1) Appointment as Governor of the Bank shall be for a period of 8 years.

(1A) Appointment of the Deputy Governor of the Bank shall be for a period of 5 years.”’.

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