(1) A resolution instrument may -
(a) cancel or modify any securities to which this subsection applies;
(b) convert any such securities from one form or class into another.
(2) Subsection (1) applies to securities issued by the bank that fall within Class 1 in section 14.
(3) A resolution instrument may -
(a) make provision with respect to rights attaching to securities issued by the bank;
(b) provide for the listing of securities issued by the bank to be discontinued or suspended;
(c) provide for the listing or admission to trading on a regulated market of securities in class 1 (and related class 3 securities) created in accordance with that or any other resolution instrument;
(d) provide for the listing or admission to trading on a regulated market of existing securities in class 2 modified by that or any other resolution instrument.
(4) The reference in subsection (1)(b) to converting securities from one form or class into another includes creating a new security in connection with
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