(1) This Chapter applies where, in relation to a relevant group -
(a) the PRA or FCA is the consolidating supervisor; and
(b) the Bank, having made an assessment of group resolvability in accordance with Chapter 2, has identified substantive impediments to the resolvability of a group entity ("the impediments").
"group entity" means the UK parent undertaking or a subsidiary within the relevant group which is - (a) an institution (b) a financial institution; or (c) a parent undertaking of an institution which is- (i) [deleted] (ii) a qualifying parent undertaking;
"measures for structural change" means - (a) measures for changing the legal or operational structure of a group entity in order to ensure, through the application of resolution tools and the exercise of resolution powers, that critical functions can be separated, legally or operationally, from the performance of other functions; (b) measures for establishing a UK parent financial hol
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