93.— (1) If the Bank has directed an authorised credit institution to prepare a recovery plan, the Bank may prepare a resolution plan for that credit institution.

(2) A resolution plan for an authorised credit institution is required to set out the Bank’s preparations on a contingency basis for the exercise of the Bank’s functions under this Act in relation to that credit institution.

(3) The Bank may direct an authorised credit institution to provide such information and analysis as the Bank requires for the preparation of a resolution plan.