X1PART NINE Regulations, enhanced prudential measures and technical standards
F1Article 458BEnhanced prudential measures: effect of revocation
1.
Paragraph 2 applies where—
(a)
the FPC revokes an enhanced prudential measures direction in accordance with section 9J of the 1998 Act; or
(b)
the FPC withdraws an enhanced prudential measures recommendation and notifies the competent authority of that withdrawal.
(2)
A competent authority which has introduced an enhanced prudential implementation action must consider whether it is appropriate to cease to implement that action.