Section 71(3)

... The Bank must— confirm the impediments with or without modification; assess any alternative proposal; and determine remedial measures in the exercise of pre-resolution powers— where the Bank concludes that the measures set out in an alternative proposal would adequately address or effectively remove the impediments, by approving that proposal (with or without modification); otherwise, by specifying the measures which are to be taken.

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