# The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018, Paragraph 62: Early intervention with respect to groups where the PRA or FCA is the consolidating supervisor


(1) Article 110(2) (application and interpretation of Chapter 2 of Part 8) is amended as follows.
(2) In the definition of “measure for early intervention”—
(a) in paragraph (a) omit “in relation to a UK group entity,”;
(b) omit paragraph (b).
(3) Omit the definition of “non-UK group entity”.
(4) In the definition of “temporary manager” omit paragraph (b).
(5) In the definition of “UK group entity”, in paragraph (a)—
(a) for “EEA” substitute “ UK ”;
(b) omit “, if it is set up in the United Kingdom”.

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Source: https://www.legislation.gov.uk/uksi/2018/1394/schedule/3/paragraph/62 (the official version)
Page: https://openlegislation.uk/bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018/schedule-3/paragraph-62
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

