[(1) A person who decides to reduce or cease to have control over a UK authorised person must give the [appropriate regulator] notice in writing before making the disposition.
[(1A) The PRA must give the FCA a copy of any notice it receives under this section.
(1B) The FCA must give the PRA a copy of any notice it receives under this section which—
(a) relates to a UK authorised person who has as a member of its immediate group a PRA-authorised person, or
(b) is given by a PRA-authorised person.]
(2) For the purposes of calculations relating to this section, the
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