In this Part -
"Common Equity Tier 1 instruments" has the meaning given in section 3(1) of the Banking Act 2009 [This definition was inserted by S.I. 2014/3329.]; and
"relevant capital instrument" has the meaning given in section 3(1) of the Banking Act 2009;
"UK entity" means - (a) an institution which is authorised by the PRA or FCA and is not part of a group subject to supervision on a consolidated basis in accordance with the capital requirements regulation and CRR rules; or (b) in relation to a relevant group, a group entity set up in the United Kingdom.