SCHEDULE 3Amendments of the Bank Recovery and Resolution (No.2) Order 2014

Assessment of recovery plan drawn up by an institutionI17

1

Article 11 (application and interpretation of Chapter 1 of Part 4) is amended as follows.

2

In paragraph (1)—

a

in sub-paragraph (a) for “Article 111 of the capital requirements directive” substitute “ Part 6 of the Capital Requirements Regulations 2013 ”;

b

in sub-paragraph (b) omit the words from “in accordance with” to the end.