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Paragraph 11 Assessment of group recovery plan

Original text. Later amendments are not shown.

In article 17(1) (duty to transmit a copy of group recovery plan)—

(a)

in sub-paragraph (a) at the end insert “and”;

(b)

omit sub-paragraphs (b) and (c);

(c)

for sub-paragraph (d) substitute—

“(d)

the PRA or FCA, where either is not the appropriate regulator but supervises a group entity as an authorised person under FSMA.”;

(d)

omit sub-paragraph (e).