(1) This Chapter applies where, in relation to a relevant group -
(a) the PRA or FCA is the consolidating supervisor; and
(b) a group entity submits a group recovery plan to the appropriate regulator for assessment.
"business changes" means changes to the business of a group institution which would be made with the object of addressing an impediment;
"four month period" means four months beginning with the date on which the appropriate regulator transmits a copy of the group recovery plan under article 17;
"group institution" means - (a) the UK parent undertaking, if it is an institution; (b) a group subsidiary which is an institution;
"impediment", in relation to the group recovery plan, means any material deficiency or measure in the plan which would impede its implementation;
"relevant matters", in relation to the assessment of the group recovery plan, means the following matters for decision - (c) whether the plan meets the criteria for assessment;
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