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PART 2APPLICATIONS FOR PERMISSIONS

Application for permission

2.—(1) This regulation applies where the Authority is the EEA consolidated supervisor.

(2) An application may be made to the Authority—

(a)by an EEA parent credit institution and its subsidiaries;

(b)by an EEA parent investment firm and its subsidiaries; or

(c)jointly by the subsidiaries of an EEA parent financial holding company.

(3) An application must be made in such manner as the Authority may direct.