Section 6A(8)
BA 2009
Banking Act 2009 · United Kingdom
For the purposes of Cases 3 and 4 a group is not viable if (and only if)— the consolidating supervisor is satisfied that a requirement under the capital requirements regulationor CRR rules that applies, on a consolidated basis, to a bank which is a member of the group is infringed (or will in the near future be infringed) in a way that justifies action by the consolidating supervisor, and having regard to timing and other relevant circumstances (but ignoring section 6B and the stabilisation powers), it is not reasonably likely that action will be taken by or in respect of the bank that will prevent the requirement being infringed.
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Source: legislation.gov.uk · retrieved 2026-09-04