Article 59 An ceanglas ionstraimí caipitil agus dliteanas incháilithe ábhartha a dhíluacháil nó a chomhshó

beag beann ar ghníomhaíocht réitigh; nó

i gcomhcheangal le gníomhaíocht réitigh, i gcás ina gcomhlíonfar na coinníollacha maidir le réiteach a shonraítear in Airteagal 32, 32a nó in Airteagal 33.

i gcás inar cinneadh gur comhlíonadh na coinníollacha maidir le réiteach a shonraítear in Airteagal 32, 32a nó in Airteagal 33, sula nglacfar aon ghníomhaíocht réitigh;

i gcás ina gcinnfidh an t-údarás iomchuí, mura ndéantar an chumhacht sin a fheidhmiú i ndáil leis na hionstraimí caipitil ábhartha agus i ndáil leis na dliteanais incháilithe dá dtagraítear i mír 1a, nach mbeidh an institiúid nó an t-eintiteas dá dtagraítear i bpointe (b), (c) nó (d) d'Airteagal 1(1) inmharthana a thuilleadh;

in the case of relevant capital instruments issued by a subsidiary and where those capital instruments are recognised for the purposes of meeting own funds requirements on an individual and on a consolidated basis, the appropriate authority of the Member State of the consolidating supervisor and the appropriate authority of the Member State of the subsidiary make a joint determination taking the form of a joint decision in accordance with Article 92(3) and (4) that unless the write down or conversion power is exercised in relation to those instruments, the group will no longer be viable;

in the case of relevant capital instruments issued at the level of the parent undertaking and where those capital instruments are recognised for the purposes of meeting own funds requirements on an individual basis at the level of the parent undertaking or on a consolidated basis, and the appropriate authority of the Member State of the consolidating supervisor makes a determination that unless the write down or conversion power is exercised in relation to those instruments, the group will no longer be viable;

extraordinary public financial support is required by the institution or the entity referred to in point (b), (c) or (d) of Article 1(1) except in any of the circumstances set out in point (d)(iii) of Article 32(4).

the institution or the entity referred to in point (b), (c) or (d) of Article 1(1) or the group is failing or likely to fail;

having regard to timing and other relevant circumstances, there is no reasonable prospect that any action, including alternative private sector measures or supervisory action (including early intervention measures), other than the write down or conversion of ►M3  ionstraimí caipitil, nó dliteanais incháilithe dá dtagraítear i mír 1a ◄ , independently or in combination with a resolution action, would prevent the failure of the institution or the entity referred to in point (b), (c) or (d) of Article 1(1) or the group within a reasonable timeframe.