+Article 41 3.

Article 41 3.

The resolution authority shall take a decision that the bridge institution is no longer a bridge institution within the meaning of Article 40(2) in any of the following cases, whichever occurs first:

(a) 

the bridge institution merges with another entity;

(b) 

the bridge institution ceases to meet the requirements of Article 40(2);

(c) 

the sale of all or substantially all of the bridge institution’s assets, rights or liabilities to a third party;

(d) 

the expiry of the period specified in paragraph 5 or, where applicable, paragraph 6;

(e) 

the bridge institution’s assets are completely wound down and its liabilities are completely discharged.

1. Ħarsa ġenerali

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1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards