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Article L613-50-2 of the French Monetary and Financial Code

When the implementation of a resolution measure in application of the provisions of sub-paragraphs 3, 4, 5 or 6 of this paragraph implies the granting of an authorisation in application of I of Article L. 511-12-1 or Article L. 531-6, the supervisory board shall give its decision as quickly as possible so as not to compromise the implementation of this resolution measure.

Original in French 🇫🇷
Article L613-50-2

Lorsque la mise en œuvre d’une mesure de résolution en application des dispositions des sous-paragraphes 3,4,5 ou 6 du présent paragraphe implique la délivrance d’une autorisation en application du I de l’article L. 511-12-1 ou de l’article L. 531-6, le collège de supervision se prononce dans les plus brefs délais afin de ne pas compromettre la mise en œuvre de cette mesure de résolution.

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