Paragraph 104 Procedural obligations where an undertaking is failing or likely to fail

Article 182 (matters to be notified by the regulator to the Bank of England) is amended as follows.

In paragraph (a) for “Article 32.4 of the recovery and resolution directive” substitute “section 7(5C) of the Banking Act 2009”.

In paragraph (b) for “measure referred to in Article 104.1 of the capital requirements directive” substitute “supervisory measure”.