1. Resolution authorities shall take resolution actions referred to in Article 21 by applying any of the following resolution tools individually or in any combination:

(a) the position and loss allocation tools;

(b) the write-down and conversion tool;

(c) the sale of business tool;

(d) the bridge CCP tool.

2. In the event of a systemic crisis, a Member State may as a last resort provide extraordinary public financial support by applying government stabilisation tools in accordance with Articles 45, 46 and 47 on the condition of prior and final approval under the Union State aid framework and where credible arrangements for the timely and comprehensive recovery of the funds in accordance with paragraph 10 of this Article are provided for.

3. Prior to the application of the tools referred to in paragraph 1, the resolution authority shall enforce: