X1PART TWOOWN FUNDS

Annotations:
Editorial Information

TITLE IELEMENTS OF OWN FUNDS

CHAPTER 2Common Equity Tier 1 capital

Section 3Deductions from Common Equity Tier 1 items, exemptions and alternatives

Sub-Section 1Deductions from Common Equity Tier 1 items

Article 40Deduction of negative amounts resulting from the calculation of expected loss amounts

The amount to be deducted in accordance with point (d) of Article 36(1) shall not be reduced by a rise in the level of deferred tax assets that rely on future profitability, or other additional tax effects, that could occur if provisions were to rise to the level of expected losses referred to in Section 3 of Chapter 3 of Title II of Part Three.