(1) Where the resolution authority is the group-level resolution authority and decides that a Union parent undertaking meets the conditions referred to in Regulation 62 or 63, it shall notify the information referred to in Regulation 155(1)(i) and (ii) without delay to the competent authority and to the other members of the resolution college for the group.
(2) The resolution actions or insolvency measures for the purposes of Regulation 155(1)(ii) may include the implementation of a group resolution scheme drawn up in accordance with paragraph (8) of that Regulation in any of the following circumstances:
(a) resolution actions or other measures at parent level notified in accordance with Regulation 155(1)(ii) would make it likely that the conditions set out in Regulation 62 or 63 would be fulfilled in relation to a group entity in another Member State;
(b) resolution actions or other measures at parent level only would not be sufficient to stabilise the situation or would not be likely
…