Articles 7(3), 13(1) & 19(2)

1. In this Schedule -

(a) "entity" means, in relation to the drawing up of -

(i) a recovery plan for an institution, the institution;

(ii) a group recovery plan for a relevant group, the group entities;

(b) except where provision is made to the contrary, "plan" means a recovery plan or a group recovery plan.

2. A plan must include -

(a) a summary of its key elements and a summary of the overall capacity of the entity to restore its financial position following a significant deterioration;

(b) a summary of any material changes to the entity, including any change to its legal or organisational structure or its business or financial position, which has occurred since the date on which the plan was last revised;