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Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 Text with EEA relevance

article  30

CELEX:  02013R0575-20250629

Consequences of the conditions for Common Equity Tier 1 instruments ceasing to be met The following shall apply where, in the case of a Common Equity Tier 1 instrument, the conditions laid down in Article 28 or, where applicable, Article 29 cease to be met:
(a) that instrument shall immediately cease to qualify as a Common Equity Tier 1 instrument;
(b) the share premium accounts that relate to that instrument shall immediately cease to qualify as Common Equity Tier 1 items.