1. When the PRA receives a group application, the PRA must follow the procedure set out in Flowchart 3 for the purposes of determining whether—U.K.
(a)the PRA must recognise and apply the group supervisor's decision on the application;
(b)the PRA must take its decision on the application in conformity with a decision made by EIOPA;
(c)the PRA must recognise and apply an agreement reached by the college of supervisors; or
(d)the PRA (as group supervisor) must take the decision on the application.