(1) This Part applies in relation to a relevant group.
(2) In this Part -
"alternative measure" means - (a) a measure for early intervention within the meaning given in Chapter 1 of Part 8; (b) a power of the FCA or PRA by or under legislation upon which the United Kingdom relied immediately before IP completion day to meet its obligations with respect to Article 104.1 of the capital requirements directive (supervisory powers); or (c) a transfer of funds or capital from a parent undertaking;
"Case 2" - (a) in relation to a bank, means Case 2 set out in subsection (3) of section 6A of the Banking Act 2009 (cases where mandatory write-down, conversion, etc applies); (b) in relation to a banking group company, means Case 2 set out in subsection (4) of section 81AA of that Act [Sections 6A and 81AA were inserted by S.I. 2014/3329.] (cases where mandatory write-down, conversion, etc applies: banking group companies);
"Case 3", in relation to a bank, means Case 3 set out in secti
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