[190A Assessment and resolution]
[190A Assessment and resolution]

[(1)     This section applies if—

(a)     the appropriate regulator receives a section 178 notice in relation to a credit institution, investment firm or banking group company,

(b)     as a result of a direction under section 189(1A) or the application of section 189(1ZB), the appropriate regulator is required to act under this Part in a timely manner in relation to that notice, and