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Paragraph 7 Assessment of recovery plan drawn up by an institution

Original text. Later amendments are not shown.

(1)

Article 11 (application and interpretation of Chapter 1 of Part 4) is amended as follows.

(2)

In paragraph (1)—

(a)

in sub-paragraph (a) for “Article 111 of the capital requirements directive” substitute “Part 6 of the Capital Requirements Regulations 2013”;

(b)

in sub-paragraph (b) omit the words from “in accordance with” to the end.