1. The resolution authority of the CCP shall, after consultation with the competent authority and in coordination with the resolution college, in accordance with the procedure set out in Article 14, draw up a resolution plan for the CCP.

2. The resolution plan shall provide for the resolution actions that the resolution authority may take where the CCP meets the conditions for resolution referred to in Article 22.

3. The resolution plan shall take into consideration at least the following:

(a) the CCP's failure, including in situations of broader financial instability or system wide events, due to one of the following or their combination:

(i) default events, and

(ii) non-default events;

(b) the impact that the implementation of the resolution plan would have on: