Section 33(6)

Where the institution submits an up-dated plan for assessment, the appropriate regulator must assess that plan— if the institution ... is not part of a group subject to supervision on a consolidated basis in accordance with the capital requirements regulation and CRR rules, in accordance with Chapter 1; or if the institution is a group institution within the meaning given in Chapter 2 ..., in accordance with Chapter 1 as applied by article 24 ....

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