Application of the minimum requirement for own funds and eligible liabilities to resolution entities

(1) Resolution entities must comply with the requirements set out in sections 49b to 49d on a consolidated basis at the level of the resolution group.
(2) The resolution authority determines the requirement referred to in section 49(1) for a resolution entity on a consolidated basis at the level of the resolution group, under section 50, on the basis of the requirements under sections 49b to 49d and depending on whether the group's third-country subsidiary undertakings are, under the resolution plan, to be resolved separately.
(3) In the case of resolution groups determined under section 2(3), point 3b, letter b, the resolution authority decides, in accordance with mutual protection and guarantee arrangements and the preferred resolution strategy, which undertakings of the resolution group must comply with the requirements under section 49c(3) to (5) and section 49d(1), in order to ensure that the resolution group as a whole complies with the requirements under subsections (1) and (2), and how those undertakings are to satisfy this in accordance with the resolution plan.