division_name: Bank of England and Financial Services Bill [HL] &#8212; <i>Report</i>
motion: <p class="italic" pid="a.1988.3/1" pwmotiontext="unrecognized">Relevant documents: 11th, 12th and 16th Reports from the Delegated Powers Committee</p>
  
  <p pid="a.1988.3/2" pwmotiontext="unrecognized"><b><i>Clause 3: Abolition of Oversight Committee</i></b></p>
  
  <p class="italic" pid="a.1988.3/3" pwmotiontext="unrecognized">Amendment 1</p>
  
  <p class="italic" pid="a.1988.3/4" pwmotiontext="unrecognized"> Moved by Lord Bridges of Headley</p>
  
  <p pid="a.1988.3/5" pwmotiontext="unrecognized"><b>1:</b> Clause 3, page 4, line 6, at end insert&#8212;</p>
  
  <p pid="a.1988.3/6" pwmotiontext="unrecognized">&#8220;( ) In section 3C (reviews) after subsection (1) insert&#8212;</p>
  
  <p pid="a.1988.3/7" pwmotiontext="unrecognized">&#8220;(1A) Where they consider that to do so would contribute to the discharge by the court of directors of any of its oversight functions, the non-executive directors of the Bank (or a majority of them) may arrange&#8212;</p>
  
  <p pid="a.1988.3/8" pwmotiontext="lines">(a) for a review to be conducted under this section in relation to any matter by a person appointed by those directors, and</p>
  
  <p pid="a.1988.3/9" pwmotiontext="lines">(b) for the person conducting the review to make one or more reports to the court of directors.&#8221;&#8221;</p>