SCHEDULE 3Amendments of the Bank Recovery and Resolution (No.2) Order 2014
Review of recovery plans and group recovery plansI120
1
Article 33 (review of recovery plan) is amended as follows.
2
In paragraph (1) omit “or 30”.
3
In paragraph (4) omit “by a competent authority”.
4
In paragraph (6)—
a
in sub-paragraph (a)—
i
omit “is authorised by the PRA or FCA and”;
ii
for “Article 111 of the capital requirements directive” substitute “
Part 6 of the Capital Requirements Regulations 2013
”
; and
b
in sub-paragraph (b) omit “or 3” and “or 30”.