European Monetary Institute 21 January 1998, Opinion of the European Monetary Institute at the request of the United Kingdom under Article 109f(6) of the Treaty establishing the European Community (the “Treaty”) and Article 5.3 of the Statute of the EMI concerning a Bank of England Bill (CON/97/27)

21 January 1998 OPINION OF THE EUROPEAN MONETARY INSTITUTE at the request of the United Kingdom under Article 109f(6) of the Treaty establishing the European Community (the “Treaty”) and Article 5.3 of the Statute of the EMI concerning a Bank of England Bill (CON/97/27) Introduction 1. On 31 October 1997 the EMI received from the Chief Secretary to H.M.