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Chapter 3 Additional Tier 1 capital (arts. 51-61)

Comparing proposed amendment...
Section 1 Additional tier 1 items and instruments (arts. 51-55)
Applicable
Article 51 Additional Tier 1 items
Amended
Article 52 Additional Tier 1 instruments
Applicable
Article 53 Restrictions on the cancellation of distributions on Additional Tier 1 instruments and features that could hinder the recapitalisation of the institution
Amended
Article 54 Write down or conversion of Additional Tier 1 instruments
Applicable
Article 55 Consequences of the conditions for Additional Tier 1 instruments ceasing to be met
Section 2 Deductions from additional tier 1 items (arts. 56-60)
Amended
Article 56 Deductions from Additional Tier 1 items
Applicable
Article 57 Deductions of holdings of own Additional Tier 1 instruments
Applicable
Article 58 Deduction of holdings of Additional Tier 1 instruments of financial sector entities and where an institution has a reciprocal cross holding designed artificially to inflate own funds
Amended
Article 59 Deduction of holdings of Additional Tier 1 instruments of financial sector entities
Applicable
Article 60 Deduction of holdings of Additional Tier 1 instruments where an institution does not have a significant investment in a financial sector entity
Section 3 Additional Tier 1 capital (art. 61)
Applicable
Article 61 Additional Tier 1 capital