[142K Cases in which group restructuring powers become exercisable]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[Group restructuring powers]

[142K  Cases in which group restructuring powers become exercisable]

[(1)     The appropriate regulator may exercise the group restructuring powers only if it is satisfied that one or more of Conditions A to D is met in relation to a ring-fenced body that is a member of a group.

(2)     Condition A is that the carrying on of core activities by the ring-fenced body is being adversely affected by the acts or omissions of other members of

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