Section 238.118 - Applicability(a)General applicability. A covered savings and loan bank holding company must comply with the risk-committee requirements set forth in this subpart beginning on the first day of the ninth quarter following the date on which its average total consolidated assets equal or exceed $50 billion.(b)Cessation of requirements. A covered savings and loan holding company will remain subject to the requirements of this subpart until the earlier of the date on which:(1) Its total consolidated assets are below $50 billion for each of four consecutive calendar quarters; and(2) It becomes subject to the requirements of subpart N of this part.