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Paragraph 69 Determination of minimum consolidated requirement where the PRA or FCA is the consolidating supervisor

Original text. Later amendments are not shown.

(1)

Article 125 (application and interpretation of Chapter 2 of Part 9) is amended as follows.

(2)

In paragraph (2)—

(a)

omit the definition of “four month period”;

(b)

in the definition of “group entity” for “EEA” substitute “UK”;

(c)

in the definition of “group institution”—

(i)

in paragraph (a) for “EEA” substitute “UK”;

(ii)

in paragraph (c)—

(aa)

in sub-paragraph (i) omit “or 146”; and, where it appears after the semi-colon, “or”;

(bb)

omit sub-paragraph (ii);

(iii)

in paragraph (d) for “an EEA State” substitute “the UK”;

(d)

in the definition of “netting arrangement” omit paragraph (b).