1. The supervisory college shall examine the recovery plan and, where any member of the college considers that there are material deficiencies in the recovery plan or any material impediment to its implementation, that member shall make recommendations to the competent authority of the CCP with regard to those matters within two months of the transmission of the recovery plan by the competent authority.

2. The supervisory college shall reach a joint decision on all of the following issues:

(a) the review and assessment of the recovery plan;

(b) the application of the measures referred to in Article 10(7), (8), (9) and (10).

3. The supervisory college shall reach a joint decision on the issues referred to in paragraph 2 within four months of the date of the transmission of the recovery plan by the competent authority.