Section 84(4)
The Bank Recovery and Resolution (No. 2) Order 2014 · United Kingdom
The appropriate regulator must refuse the application and prohibit the conclusion of the group financial support agreement if it is determined on review that— the terms of the agreement are not compatible with the conditions for financial support; or a group institution already meets the conditions for early intervention.
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Source: legislation.gov.uk · retrieved 2026-09-04