Section 142K(3)
FSBRA 2013
Financial Services (Banking Reform) Act 2013 · United Kingdom
Condition B is that in carrying on its business the ring-fenced body— is unable to take decisions independently of other members of its group, or depends on resources which are provided by a member of its group and which would cease to be available in the event of the insolvency of the other member.
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Source: legislation.gov.uk · retrieved 2026-09-04