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25.—(1) This regulation applies where—
(a)an institution has been authorised in the United Kingdom and its parent undertaking is situated in another EEA State; or
(b)a parent undertaking is situated in the United Kingdom, whose subsidiaries include institutions which have been authorised in another EEA State.
(2) The appropriate regulator must disclose to a relevant competent authority and, where appropriate, the EEA consolidating supervisor, all relevant information which may allow or aid the exercise of supervision on a consolidated basis.