Assessment of feasibility: other potential impediments
Article 31
The following legal issues shall be considered in assessing potential impediments to resolution: (1) whether requirements for regulatory approvals or authorisations necessary to deliver the resolution strategy can be met in a timely manner; (2) whether significant contractual documentation permits termination of contracts on entry into resolution; (3) whether contractual obligations which cannot be disapplied by the resolution authority prohibit any transfer of assets and/or liabilities envisaged in the resolution strategy.