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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 3 of 3

Article 101 Interpretation of Chapter 4

(1) In this Chapter -

"authorised agreement" has the same meaning as in Chapter 3;

"conditions for financial support" has the same meaning as in Chapter 1;

"financial support" has the same meaning as in Chapter 1;

"group entity" means a relevant parent undertaking or group subsidiary which has entered into a group financial support agreement authorised by the PRA or FCA ("the agreement");

"intended recipient" means the group institution named in a relevant notice as the recipient of the financial support referred to in the notice;

"notifying group entity" means the group entity which has given a relevant notice;

"relevant competent authority" means a competent authority, other than the consolidating supervisor, which has authorised a group entity;