Section 111(6)
The Bank Recovery and Resolution (No. 2) Order 2014 · United Kingdom
The appropriate regulator must give the UK group entity referred to in a notice given under paragraph (4) and the UK parent undertaking, if it is not the entity concerned, written notice of its decision to take a measure for early intervention or to appoint a temporary manager, including a reasoned account of the decision.
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Source: legislation.gov.uk · retrieved 2026-09-04