# The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018, Paragraph 69: Determination of minimum consolidated requirement where the PRA or FCA is the consolidating supervisor


(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).

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111173732/schedule/3/paragraph/69 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-and-miscellaneous-provisions-amendment-eu-exit-regulations-2018/schedule-3/paragraph-69
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.