Paragraph 12 Assessment of group recovery plan
(1)
Article 18 (assessment of group recovery plan) is amended as follows.
(2)
In paragraph (1) omit “Where every group institution is a UK authorised person,”.
(3)
Omit paragraphs (2) and (3).
(4)
In paragraph (4)—
(a)
in sub-paragraph (a) omit “or another resolution authority”;
(b)
in sub-paragraph (b) for “any EEA State in which a group entity conducts business” substitute “the United Kingdom”.