Article 30

Path:
Capital Requirements Regulation (CRR) > PART TWO > TITLE I > CHAPTER 2 > Section 1 > Article 30
Title:
Article 30
Description: 
Consequences of the conditions for Common Equity Tier 1 instruments ceasing to be met The following shall apply where, in the case of a Common
Main content: 

The following shall apply where, in the case of a Common Equity Tier 1 instrument, the conditions laid down in Article 28 or, where applicable, Article 29 cease to be met:

(a)    that instrument shall immediately cease to qualify as a Common Equity Tier 1 instrument;

(b)    the share premium accounts that relate to that instrument shall immediately cease to qualify as Common Equity Tier 1 items.