Article 110 Application and interpretation of Chapter 2

This Chapter applies where the PRA or FCA is the consolidating supervisor in relation to a relevant group.

In this Chapter—

• “measure for early intervention”—

  1. (a)

     F1... has the same meaning as in Chapter 1;

  2. (b)

     F2...

• F3...

• F4temporary manager” means—

  1. (a)

     in relation to a UK group entity, a temporary manager appointed by the appropriate regulator under section 71C of FSMA;

  2. (b)

     F5...

• “UK group entity” means—

  1. (a)

     the F6UK parent undertakingF7...;

  2. (b)

     a group subsidiary which is an institution authorised by the PRA or FCA.