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+Article 45m 3. |
Article 45m 3.The minimum levels of the requirements referred to in Article 45c(5) and (6) shall not apply within the two-year period following the date:
(a)
on which the resolution authority has applied the bail-in tool; or
(b)
on which the resolution entity has put in place an alternative private sector measure as referred to in point (b) of Article 32(1) by which capital instruments and other liabilities have been written down or converted into Common Equity Tier 1 instruments, or on which write down or conversion powers, in accordance with Article 59, have been exercised in respect of that resolution entity, in order to recapitalise the resolution entity without the application of resolution tools. 1. Ħarsa ġenerali
1.1 Referenzi1.2 Rekwiżiti identifikati1.3 Standards relatati2. Rekwiżiti identifikati
3. Standards relatati
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