PART 6Assessment of resolvability and removal of impediments to resolvability

CHAPTER 3Removal of impediments to resolvability of institutions

Right of appeal67.

(1)

A person who is aggrieved by—

(a)

a determination,

(b)

the Bank's conclusion that the measures set out in relevant proposals would not adequately address or effectively remove the impediments, or

(c)

the exercise of pre-resolution powers,

may refer the matter to the Tribunal (within the meaning given in section 417(1) of FSMA M1).

(2)

Part 9 of FSMA (hearings and appeals) has effect in relation to a reference to the Tribunal under paragraph (1) as if it were a reference of a decision of the Bank under FSMA.