Section 22(2)
The Bank Recovery and Resolution (No. 2) Order 2014 · United Kingdom
If the appropriate regulator requires a UK parent undertaking to revise the plan, it must allow the undertaking two months, which it may on application by the undertaking extend to three months, to prepare a plan which demonstrates that the impediment has been addressed.
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Source: legislation.gov.uk · retrieved 2026-09-04