Schedule 2, Part 1, paragraph 4(2)

“Business reorganisation plan” means a plan that includes— an assessment of the factors that caused Condition 1 in section 7 to be met in the case of the bank, a description of the measures to be adopted with a view to restoring the viability of the bank, and a timetable for the implementation of those measures.

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