(1) Where the Bank, having taken account of the group resolution plan and any resolution plans adopted for group subsidiaries -
(a) disagrees with a proposal for a group resolution scheme, or
(b) considers that it needs to take independent resolution action or other measures in respect of a group subsidiary in the interest of financial stability,
it must give the notifying authority and the other members of the college a notice which sets out in detail its reasons for disagreement or independent action and what resolution action or other measures it intends to take in respect of the group subsidiary.
(2) The Bank must include in its reasons for disagreement an assessment of the potential impact of the resolution action or other measures that it intends to take in respect of the group subsidiary on other group entities and on the financial stability of other EEA States whose resolution authorities are members of the college.