(1) Before the Bank makes a determination that Case 2, 4 or 5 is satisfied in relation to a UK group entity, the Bank must give notice that it is considering whether to make that determination ("a Case 2, 4 or 5 notice") without delay to the appropriate regulator.

(2) Before the Bank makes a determination that Case 3 is satisfied in relation to a UK group entity, the Bank must give notice that it is considering whether to make that determination ("a Case 3 notice") without delay to the appropriate regulator.

(3) Where the Bank gives a Case 2, 4 or 5 notice or a Case 3 notice, it must -

(a) send with the notice an explanation of its reasons for considering whether to make the determination concerned; and

(b) after consulting the authorities to which the notice has been given assess whether -

(i) any alternative measure is available;