The requirements for the preparation of a minimum capital requirement report are the following:
1. Interpretation
In this Schedule, unless the context otherwise requires, "minimum capital requirement" means the capital requirement set out in Regulation 35(4) of the UCITS Regulations.
2. Eligible Capital Contributions and Subordinated Loan Capital (both Perpetual and Redeemable)
The following conditions apply to eligible capital contributions and to subordinated loan capital (both perpetual and redeemable):
a. the prior approval of the Bank must be obtained in respect of the inclusion of the eligible capital contribution or subordinated loan capital in the own funds for capital adequacy purposes;
b. subordinated loan capital may not be incorporated in the calculation of the initial capital requirement;
c. the Bank must be provided with documentation, including a copy of the original bank statement showing receipt of the relevant funds, that the depositary has received the
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