PART 10Requirement to write down or convert capital instruments
Determination that Case 2, 3, 4 or 5 is satisfied152
1
This article applies where, in the Bank's assessment, there is no reasonable prospect that any alternative measure which is available and could feasibly be taken would, within a reasonable time, avoid the need for the determination referred to in a Case 2, 4 or 5 notice or a Case 3 notice.
2
F2... The Bank must decide whether to make the determination referred to in the notice.
F13
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F14
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