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Written question asked by David Gauke (Conservative) on Monday, 16 October 2006, in the House of Commons. It was due for an answer on Thursday, 19 October 2006. It was answered by Ed Balls (Labour) on Thursday, 19 October 2006 on behalf of the Treasury.


Professor Tim Besley

Question
To ask the Chancellor of the Exchequer what involvement the Economic Secretary to the Treasury had in the appointment process of Professor Tim Besley to the Monetary Policy Committee of the Bank of England.
Answer

Section 13 (4) of the Bank of England Act 1998 states that members of the Monetary Policy Committee shall be appointed by the Chancellor only if he is satisfied that the person has knowledge or experience which is likely to be relevant to the Committee’s functions.


Secondary information

Type
Written question
Reference
95304; 450 c1422W;450 c1428W
Session
2005-06
Subjects
Public appointments Monetary Policy Committee Besley, Tim
Link
View this Written question on www.publications.parliament.uk