(1) The Bank must review a resolution plan and make any appropriate amendment at least -
(a) once a year; or
(b) if the Bank has made a determination under article 8(5), at the intervals determined.
(a) review a resolution plan where -
(i) any material change has been made to the legal or organisational structure of the relevant entity or to its business or financial position; or
(ii) a change results from the application of the resolution tools or the exercise of the powers under section 6B of the Banking Act 2009 in relation to the relevant entity.
(b) make appropriate amendments if such a change could have a material impact on the effectiveness of the plan or necessitate amendment for any other reason.
(3) For the purposes of a review of a resolution plan the Bank may make a determination under article 8(3).
(4) The Bank must review a resolution plan and adopt the up-dated plan -
(a) in the case of an institution which is authorised by the PRA or FCA and is not
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