1.   The consolidating supervisor shall prepare its proposal for establishing a college framework for emergency situations in accordance with Article 17 of Delegated Regulation (EU) 2016/98.

2.   The consolidating supervisor shall submit its proposal to the members of the college, inviting them to provide their views and indicating the appropriate deadline for the submission of those views.

3.   The consolidating supervisor shall take into account any views and reservations expressed by the members of the college, and explain, if necessary, the reasons for not incorporating them.

4.   The consolidating supervisor shall communicate the final version of the college framework for emergency situations to the members of the college.

5.   The consolidating supervisor and the members of the college shall consider, at least on an annual basis, the need to update the college framework for emergency situations.

6.   The consolidating supervisor and the members of the college shall update the college framework for emergency situations by following the process set out in paragraphs 1 to 4.