Part VII Control of Business Transfers
F1112ZADuty of regulator to provide copy of order
(1)
Where the PRA receives under section 112(10) a copy of an order it must, without delay, give a copy of it to the FCA.
(2)
Where the FCA receives under section 112(10) a copy of an order it must, without delay, give a copy of it to the PRA if the order relates to a scheme in respect of which—
(a)
the transferee is a PRA-authorised person, or
(b)
F2the transferor concerned or the transferee has as a member of its immediate group a PRA-authorised person.