Paragraph 7 Assessment of recovery plan drawn up by an institutionI1
(1)
Article 11 (application and interpretation of Chapter 1 of Part 4) is amended as follows.
(2)
In paragraph (1)—
(a)
in sub-paragraph (a) for “Article 111 of the capital requirements directive” substitute “ Part 6 of the Capital Requirements Regulations 2013 ”;
(b)
in sub-paragraph (b) omit the words from “in accordance with” to the end.
Annotations
Commencement
- I1
Sch. 3 para. 7 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)