Section 151(2)
The Bank Recovery and Resolution (No. 2) Order 2014 · United Kingdom
In this article “the regulator”— where there is a PRA-authorised person and any other UK authorised person in the relevant group, means the PRA and the FCA; where there is a PRA-authorised person and no other UK authorised person in the relevant group, means the PRA; where there is no PRA-authorised person in the relevant group, means the FCA.
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Source: legislation.gov.uk · retrieved 2026-09-04