# The Bank Recovery and Resolution (No. 2) Order 2014, Article 108: Notice that institution meets the conditions for early intervention

Extent: E+W+S+N.I.

(1) The appropriate regulator must notify the Bank without delay if it determines that a relevant institution meets the conditions for early intervention or the appointment of a temporary manager.
(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.

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Source: https://www.legislation.gov.uk/uksi/2014/3348/article/108 (the official version)
Page: https://openlegislation.uk/bank-recovery-and-resolution-no-2-order-2014/article-108
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.