# The Bank Recovery and Resolution (No. 2) Order 2014, Article 133: Application and interpretation of Chapter 4


(1) This Chapter applies where the PRA or FCA is the consolidating supervisor in relation to a relevant group.
(2) In this Chapter—
... “group entity” and “minimum requirement” have the same meaning for the relevant group as they have for a relevant group in Chapter 2;
“group institution” means an institution, other than a mortgage credit institution within the meaning given in Chapter 1, that—
(a)is authorised by the PRA or FCA and
(b)forms part of a relevant group;
“minimum consolidated requirement” means the minimum consolidated requirement (within the meaning given in Chapter 2) which is determined for the relevant group;
“netting arrangement” has the same meaning as in Chapter 2;
...
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Source: https://www.legislation.gov.uk/uksi/2014/3348/article/133 (the official version)
Page: https://openlegislation.uk/bank-recovery-and-resolution-no-2-order-2014/article-133
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.