# The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020, Regulation 33: Amendment of the Bank Recovery and Resolution (No.2) Order 2014


In article 48(2)—
(a) in the opening words omit “For each group entity for which it is the resolution authority”;
(b) in sub-paragraph (a), after “resolution plan” insert “or a group resolution plan covering any group entity for which it is the resolution authority,”;
(c) in sub-paragraph (b)—
(i) after “reasoned” insert “and substantiated”; and
(ii) for “for adopting a group resolution plan” substitute “referred to in paragraph (1)(b)”.

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Source: https://www.legislation.gov.uk/ukdsi/2020/9780348213676/regulation/33 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020/regulation-33
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

