(1) Paragraph (2) applies where, before the end of the four month period, a relevant competent authority has referred to EBA in accordance with Article 19 of the EBA Regulation (settlement of disagreements between competent authorities in cross-border situations) any matter relating to -
(a) the assessment of the group recovery plan; or
(b) a proposal by the appropriate regulator to direct relevant measures to be taken with the object of -
(i) reducing a group institution's risk profile, including its liquidity risk profile;
(ii) enabling a group institution to undertake timely recapitalisation; or
(iii) changing a group institution's funding strategy in order to improve the resilience of core business lines and critical functions.
(2) The appropriate regulator must -
(a) defer a decision on the matter referred for one month beginning with the date on which the four month period ends; and
(b) ensure that the decision conforms with any decision taken by EBA before the end of that m