; or (2) delay or deny any agency action that would benefit a financial institution or any institution-affiliated party on the basis that an appeal under this section is pending under this section. . (b) Definition Section 1003 of the Federal Financial Institutions Examination Council Act of 1978 ( 12 U.S.C. 3302 ) is amended— (1) in paragraph (2), by striking and ; (2) in paragraph (3), by adding and at the end; and (3) by adding at the end the following new paragraph: (4) the term material supervisory determinations has the meaning given such term in section 309(f) of the Riegle Community Development and Regulatory Improvement Act of 1994 ( 12 U.S.C. 4806(f) ). . 4. Timeliness of required permission, regulatory, and reporting guidance The Federal Financial Institutions Examination Council Act of 1978 ( 12 U.S.C. 3301 et seq.), as amended by section 3, is further amended by adding at the end the following new section: 1014. Timeliness of required permission, regulatory, and reporting guidance (a) Request for permission or guidance A financial institution may request a written determination by a Federal financial institutions regulatory agency of— (1) the agency’s permission to take an action where permission is mandated by regulation; (2) the agency’s interpretation of a law or regulation