(1) Subject to paragraph (2), the resolution authority may enter into a bilateral agreement with a third-country resolution authority regarding the matters referred to in Article 93(1) and (2) of the Bank Recovery and Resolution Directive.
(2) An agreement entered into by the resolution authority under paragraph (1) shall be effective -
(a) only until the entry into force of an agreement referred to in Article 93(1) of the Bank Recovery and Resolution Directive with the third country concerned, and
(b) only to the extent that it is not inconsistent with Title VI of that Directive.