Section 6A(9)

In this section— ... “on a consolidated basis” means on the basis of the consolidated situation, “consolidated situation” means the situation that results from an entity being treated, for the purposes of the capital requirements regulation or CRR rules (as appropriate), as if that entity and one or more other entities formed a single entity, “consolidating supervisor” means supervisor responsible for the exercise of supervision of an entity on a consolidated basis, “group” has the meaning given in section 3(2)(b), “parent undertaking” has the meaning given by Article 4.1(15)(a) of the capital requirements regulation, and “subsidiary” has the meaning given by Article 4.1(16) of the capital requirements regulation.

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