(1) The resolution authority shall have the power, where authorised by the resolution order, to suspend the termination rights of any party to a contract with an institution under resolution from the publication of the notice pursuant to Regulation 145(4) until midnight at the end of the business day following that publication, provided that payment and delivery obligations and the provision of collateral continue to be performed.
(2) The resolution authority shall have the power, where authorised by the resolution order, to suspend the termination rights of any party to a contract with a subsidiary of an institution under resolution where -
(a) the obligations under that contract are guaranteed or are otherwise supported by the institution under resolution,
(b) the termination rights under that contract are based solely on the insolvency or financial condition of the institution under resolution, or
(c) where the transfer power has been or may be exercised in relation to the instituti
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