(1) This Chapter applies where the Bank, after consulting the appropriate regulator and having made an assessment of resolvability in accordance with Chapter 1, determines that there are substantive impediments to the resolvability of an institution ("the impediments").
"determination" means a determination of a kind referred to in paragraph (1);
"pre-resolution powers" means the powers conferred on the Bank by section 3A of the Banking Act 2009 [Section 3A was inserted by S.I. 2014/3329.] (removal of impediments to the exercise of stabilisation powers etc); and
"relevant proposals" means proposals which - (a) are prepared by an institution to which notice is given under article 65; (b) are for taking measures to address or remove the impediments including a timetable for doing so; and (c) are required to be submitted by the institution within the response period;
"response period" means - (a) in a case where the institution does not, as applicable, me
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