Section 192C(3)

The consolidated supervision condition is that— the appropriate regulator is the competent authority for the purpose of consolidated supervision that is required, in relation to some or all of the members of the group of a qualifying authorised person, in pursuance of— any implementing provision contained in subordinate legislation (within the meaning of the Interpretation Act 1978) made otherwise than by any of the following— statutory instrument, and statutory rule for the purposes of the Statutory Rules (Northern Ireland) Order 1979 (S.I. 1979/1573 (N.I. 12)); ... any other implementing provision (as amended from time to time), ... Part 9C rules; CRR rules; or rules made under section 192XA, and the appropriate regulator considers that the giving of the direction is desirable for the purpose of the effective consolidated supervision of the group.

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Source: legislation.gov.uk · retrieved 2026-09-04