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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 15 July 2015 - onwards
  Version 2 of 2    

Regulation 104 Proposed resolution order.

(1) The resolution authority shall make a proposed resolution order in relation to an institution where it decides that -

(a) the conditions laid down in Regulation 62 are fulfilled in relation to that institution,

(b) if required by Regulation 9(2), the prior written consent of the Minister has been obtained, and

(c) where the institution is part of a cross-border group, the procedure laid down in Regulation 155 or 156, as applicable, has been complied with.

(2) The resolution authority may make a proposed resolution order in relation to an entity referred to in Regulation 2(1)(b) to (i) where it decides that -

(a) the relevant conditions laid down in Regulation 63 are fulfilled in relation to that institution,

(b) if required by Regulation 9(2), the prior written consent of the Minister has been obtained, and

(c) where the entity is part of a cross-border group, the procedure laid down in Regulation 155 or 156, as applicable, has been complied with.

(3) The resolution authority may m

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