PART 9D

Prudential regulation of credit institutions etc

Content of CRR rules

Disapplication or modification of CRR rules in individual cases
144G
1
This section applies to a CRR rule if, or to the extent that, CRR rules provide for it to apply to the rule.
2
The PRA may, on the application of or with the consent of a person who is subject to CRR rules, give the person a permission that enables the person—
a
not to apply the CRR rule, or
b
to apply the CRR rule with the modifications specified in the permission.
3
The PRA may—
a
give permission under this section subject to conditions, and
b
revoke or vary permission under this section.
Pt. 9D repealed (1.1.2024 for the repeal of s. 144H(2)) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 4 (with ss. 1(4), 7(4)); S.I. 2023/779, reg. 5(e)(iii)