Paragraph 61 I1

(1)

Article 108 (notice that institution meets the conditions for early intervention) is renumbered as paragraph (1) of that article.

(2)

After paragraph (1) as so renumbered, insert—

“(2)
The PRA and the FCA may each make technical standards relating to the circumstances in which a relevant institution may be taken as meeting the conditions for early intervention.”.

Annotations

Commencement

I1: Sch. 3 para. 61 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)