Section 48H(1)

A resolution instrument may require a resolution administrator, or one or more directors of the bank, to— draw up a business reorganisation plan with respect to the bank, ... submit it to the Bank of England within the period allowed by (or under) the instrument ; and submit to the Bank of England progress reports on the implementation of the plan at such intervals as the instrument may require.

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