(1) Where the bail-in tool under Regulation 79(1) or the write-down or conversion of capital instruments under Regulation 95 is being applied in respect of shareholders and holders of other instruments of ownership, the proposed resolution order or proposed capital instruments order may provide for one or more of the following actions to be taken:
(a) the cancellation of existing shares or other instruments of ownership;
(b) the transfer of existing shares or other instruments of ownership to bailed-in creditors;
(c) provided that, in accordance to the valuation carried out under Regulation 65 or 66, the institution under resolution has a positive net value, the dilution of existing shareholders and holders of other instruments of ownership as a result of the conversion into shares or other instruments of ownership of -
(i) relevant capital instruments issued by the institution pursuant to the power referred to in Regulation 95(1), or
(ii)bail-inable liabilities issued by the instituti
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