Section 163

This Chapter applies where, in relation to a relevant group— the Bank has made a resolution instrument under section 12A of the Banking Act 2009 in respect of a single group entity which is not an institution (“the relevant entity”); and the management body of the relevant entity or the resolution administrator submits a to the Bank for assessment .... In this Chapter “business reorganisation plan” has the meaning given in section 48H of the Banking Act 2009, as applied by section 81BA of that Act and “resolution administrator” has the same meaning for the relevant entity as it has for an institution in Chapter 1.

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