Section 81AA(4)

Case 2 is where— the appropriate authority is satisfied that Condition 1 in section 7 is met in respect of the banking group company, the Bank of England is satisfied that— (ignoring section 6B) Condition 2 in section 7 is met, and that Condition will continue to be met unless the action required by section 6B is taken in respect of the banking group company, and one of subsections (5) ... or (7) apply in relation to the banking group company.

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