Regulation 102 Assessment of the determination of impracticability
(1)
Where the Bank of England has received a notification under regulation 100(3), it may assess the effect of such notification on the resolvability of that undertaking.
(2)
An assessment under paragraph (1) must take into account the need to ensure the resolvability of the undertaking.
(3)
The Bank of England may request further information from the undertaking in order to carry out the assessment in paragraph (1).
(4)
An undertaking must comply with a request under paragraph (3) within a reasonable period from receipt of the request.