Paragraph 20 Review of recovery plans and group recovery plans

(1)

Article 33 (review of recovery plan) is amended as follows.

(2)

In paragraph (1) omit “or 30”.

(3)

In paragraph (4) omit “by a competent authority”.

(4)

In paragraph (6)—

(a)

in sub-paragraph (a)—

(i)

omit “is authorised by the PRA or FCA and”;

(ii)

for “Article 111 of the capital requirements directive” substitute “Part 6 of the Capital Requirements Regulations 2013”; and

(b)

in sub-paragraph (b) omit “or 3” and “or 30”.