The Bank -

(a) must notify a group entity if the business reorganisation plan is found on assessment to contain an impediment; and

(b) may not require a group entity to revise the plan without giving it an opportunity to state its opinion on that requirement.

(2) If the Bank requires a group entity to revise the plan, the Bank -

(a) must allow two weeks for the preparation of a plan which demonstrates that the impediment has been addressed;

(b) within one week beginning with the date on which a revised plan is submitted, must notify the entity whether the impediment has been adequately addressed in the revised plan; and

(c) if the impediment has not been adequately addressed in the revised plan, must direct the entity to make specific changes to the plan.