Section 102(2)
The Bank Recovery and Resolution (No. 2) Order 2014 · United Kingdom
The regulator must give written notice of its decision, including a reasoned account of the decision— to the notifying group entity; and . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . unless the regulator is the consolidating supervisor, to the consolidating supervisor; unless the regulator is the competent authority for the intended recipient, to that authority; and where the regulator has authorised the intended recipient, to the intended recipient.
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Source: legislation.gov.uk · retrieved 2026-09-04