s 187C Variation etc of conditions
(1) Where the PRA has imposed conditions required by a direction given by the FCA under section 187A(3)— (a) the FCA may direct the PRA to exercise its power under section 187(4) to vary or cancel any of those conditions; (b) the PRA must consult the FCA before it exercises that power in relation to those conditions otherwise than in accordance with a direction under paragraph (a). (2) Where the FCA has imposed conditions required by a direction given by the PRA under section 187B(3)— (a) the PRA may direct the FCA to exercise its power under section 187(4) to vary or cancel any of those conditions; (b) the FCA must consult the PRA before it exercises that power in relation to those conditions otherwise than in accordance with a direction under paragraph (a).