Section 34(3)

The appropriate regulator must require a UK parent undertaking to— review the plan where any material change has been made to the legal or organisational structure of the relevant group or any group entity or to its business or financial position; and make appropriate amendments if such a change could have a material impact on the effectiveness of the plan or necessitate amendment for any other reason.

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