(1) In the Financial Services and Markets Act 2000, after section 139A (which is inserted by section 6 above) insert -
"139B Rules about recovery plans
(1) The Authority must exercise its power to make general rules so as to make rules requiring each authorised person (or each authorised person of a specified description) to prepare, and keep up-to-date, a recovery plan.
(2) A "recovery plan" is a document containing information within subsection (3) or (4) of a specified description.
(3) Information is within this subsection if it relates to action to be taken to secure that, in the event of specified circumstances affecting the carrying on of the business (or any part of the business) of the authorised person -
(a) the business of the authorised person, or
(b) a specified part of the business of the authorised person,
is capable of being carried on (whether or not by the authorised person and whether or not in the same way as previously).
(4) Information is within this subsectio